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Stock impact report

ATN Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook [Financial Post (Toronto, Ontario, Canada)]

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: Financial Post
Full-year revenues grew 5% to $762.2 million Total 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) Article content Operating Income and Adjusted EBITDA Supported by Subscriber and Revenue Growth Article content Fourth quarter operating income decreased 30% to $3.3 million Full year operating income increased 66% to $13.2 million Fourth quarter net loss was $(5.8) million, or a $(0.46) loss per share, including restructuring expenses of $6.6 million Full-year net loss was $(14.5) million, or $(1.25) per share, including restructuring expenses of $11.2 million Fourth quarter Adjusted EBITDA increased 13% to $51.0 million Full-year Adjusted EBITDA increased 10% to $189.5 million Provides 2024 Outlook Revenue for the full year 2024 is expected to be in the range of $750 to $770 million, excluding Show less Read more
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