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Stock impact report

ATN Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook

ATN International, Inc. (ATNI) 
Last atn international, inc. earnings: 4/29 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.atni.com/investor-relations
Company Research Source: GlobeNewswire
“First-to-Fiber” and “Glass & SteelTM” Strategies Drive Year-Over-Year Growth Fourth-quarter revenues grew 4% to $199.0 millionFull-year revenues grew 5% to $762.2 millionTotal high-speed broadband subscribers increased by 20%Broadband homes passed by high-speed data services expanded by 33%Capital expenditures for the full year were $163.3 million (net of $32.9 million reimbursements) Operating Income and Adjusted EBITDA1 Supported by Subscriber and Revenue Growth Fourth quarter operating income decreased 30% to $3.3 millionFull year operating income increased 66% to $13.2 millionFourth quarter net loss was $(5.8) million, or a $(0.46) loss per share, including restructuring expenses of $6.6 millionFull-year net loss was $(14.5) million, or $(1.25) per share, including restructuring expenses of $11.2 millionFourth quarter Adjusted EBITDA1 increased 13% to $51.0 millionFull-year Adjusted EBITDA1 increased 10% to $189.5 million Provides 2024 Outlook2 Revenue for the full year 202 Show less Read more
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