While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...

From a technical perspective, ATN International, Inc. (ATNI) is looking like an interesting pick, as it just reached a key level of support. ATNI's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Leidos (LDOS) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Leidos is one of 603 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sec ...

Industry Overview - The Zacks Wireless National industry is facing challenges such as high capital expenditures for infrastructure upgrades, tariff uncertainties, supply-chain disruptions due to geopolitical tensions, and elevated customer inventory levels. However, long-term benefits are anticipated from accelerated 5G deployment and fiber densification [1][4]. Current Trends - Companies like Cogent Communications, ATN International, and Cambium Networks are expected to benefit from increased demand for scalable infrastructure to support sustainable networks, driven by the growth of the Internet of Things (IoT) and solid broadband momentum [2]. Industry Description - The industry encompasses firms providing a wide range of communication services, including wireless, wireline, data/broadband, video, and cloud-based services. These firms also offer IP-based voice and data services, targeted advertising, and edge computing services [3]. Challenges - High raw material prices and tariffs have negatively impacted operational schedules and profitability. The demand-supply imbalance has led to inflated equipment prices, and aggressive competition from over-the-top service providers is expected to intensify [4][6]. Growth Opportunities - The deployment of 4G LTE Advanced technologies and expansion of fiber optic networks are key growth drivers. Companies are also utilizing the C-Band spectrum to enhance coverage and speed, particularly in rural and urban areas [5]. Financial Performance - The Zacks Wireless National industry has underperformed compared to the S&P 500 and the broader technology sector, declining by 3.3% over the past year, while the S&P 500 and sector grew by 13.2% and 23.9%, respectively [9]. Valuation Metrics - The industry is currently trading at a trailing 12-month EV/EBITDA of 9.08X, significantly lower than the S&P 500's 17.91X and the sector's 18.66X. Historical trading ranges for the industry have been between 6.34X and 9.67X over the past five years [12]. Notable Companies - **Cogent Communications**: A Tier 1 ISP offering low-cost, high-speed Internet and colocation services, with a recent earnings surprise of 4% [15]. - **ATN International**: Focused on rural markets with a strong growth outlook, having revised earnings estimates upward by 68.8% for the current year [18]. - **Cambium Networks**: A wireless solutions provider with a broad portfolio, experiencing a 142.2% stock gain over the past year and a 40% upward revision in earnings estimates [21].

Financial Performance - Total revenue for Q3 2025 was $183.165 million, a 3.9% increase from $178.451 million in Q3 2024[14] - Net income for Q3 2025 was $3.933 million, a significant recovery from a net loss of $39.451 million in Q3 2024[17] - The company reported a net income per share of $0.18 for Q3 2025, compared to a loss per share of $(2.26) in Q3 2024[14] - Comprehensive income for Q3 2025 was $3.675 million, compared to a comprehensive loss of $(40.863) million in Q3 2024[17] - For the nine months ended September 30, 2025, the net loss was $16,715,000 compared to a net loss of $36,059,000 for the same period in 2024, indicating an improvement in financial performance[22] - The company reported a net loss attributable to ATN International, Inc. stockholders of $11.611 million for the nine months ended September 30, 2025, an improvement from a loss of $30 million in the same period of 2024[14] Revenue Breakdown - Communication services revenue was $177.752 million in Q3 2025, compared to $174.422 million in Q3 2024, reflecting a growth of 1.3%[14] - The Company reported total revenue of $183.165 million for the three months ended September 30, 2025, compared to $178.451 million for the same period in 2024, representing a year-over-year increase of 2.0%[41] - For the nine months ended September 30, 2025, total revenue was $543.760 million, a slight decrease from $548.527 million in the same period of 2024, reflecting a decline of 0.9%[42] - The Company’s international telecom segment generated $95.143 million in revenue for the three months ended September 30, 2025, compared to $94.281 million in the same period of 2024, indicating a growth of 0.9%[41] - The Company recorded communication services revenue of $18.890 million for the three months ended September 30, 2025, compared to $18.104 million for the same period in 2024, representing a 4.3% increase[126] Operating Expenses - Operating expenses decreased to $173.335 million in Q3 2025 from $216.809 million in Q3 2024, a reduction of 20%[14] - The company recorded a total operating expense of $173.3 million for the three months ended September 30, 2025[159] - Operating lease costs for the nine months ended September 30, 2025, were $18.7 million, an increase from $14.8 million for the same period in 2024[54] - The cost of communication services decreased to $77.850 million in Q3 2025 from $78.973 million in Q3 2024, a decline of 1.4%[14] Cash and Assets - Total cash, cash equivalents, and restricted cash at the end of the period was $119,640,000, up from $116,764,000 at the end of September 2024[22] - The company reported net cash provided by operating activities of $97,689,000 for the nine months ended September 30, 2025, compared to $97,426,000 for the same period in 2024[22] - Total liabilities, redeemable noncontrolling interests, and equity stood at $1.698681 billion as of September 30, 2025, down from $1.727103 billion at the end of 2024[12] - As of September 30, 2025, total assets amounted to $1,698,681, a decrease from $1,727,103 on December 31, 2024[12] Dividends and Shareholder Returns - The company declared a dividend of $0.275 per share for Q3 2025, up from $0.24 in Q3 2024[14] - The company declared dividends of $11,475,000 on common stock for the nine months ended September 30, 2025, compared to $11,047,000 in 2024[22] Goodwill and Impairments - The company experienced a goodwill impairment of $35.269 million in Q3 2024, which did not recur in Q3 2025[14] - The Company recorded a goodwill impairment of $35.3 million during the three months ended September 30, 2024, due to operational challenges[140] Taxation - The effective tax rate for the three months ended September 30, 2025, was 451.5%, compared to 23.4% for the same period in 2024[142] - The company recorded an income tax benefit of $5.1 million related to a pretax loss of $1.1 million for the three months ended September 30, 2025[143] - For the nine months ended September 30, 2025, the effective tax rate was 35.0%, up from 22.1% in 2024[145] Strategic Initiatives - The company has developed significant operational expertise to enhance service quality and economies of scale in rural and remote markets[23] - The company actively evaluates investment opportunities and strategic transactions to generate excess operating cash flows over extended periods[24] - The Company engages in restructuring activities to improve operational efficiency and margins, with the 2024 reorganization plan completed by December 2024[32] Market Operations - As of September 30, 2025, the company identified two operating segments: US Telecom and International services, focusing on fixed and managed services[26] - The Company operates in international markets including Bermuda, the Cayman Islands, Guyana, and the US Virgin Islands, providing a range of telecom services[28] - The Company completed a rebranding in Guyana and the US Virgin Islands, now known as "One Communications"[29] Future Outlook - The company expects to meet all requirements associated with construction grants awarded for network connectivity projects[128] - The One Big Beautiful Bill Act (OBBBA) enacted in July 2025 is currently being evaluated for its impact on the Company's financial statements[141]

Financial Data and Key Metrics Changes - Total revenues for Q3 2025 were $183.2 million, a 3% increase from $178.5 million in Q3 2024 [11] - Adjusted EBITDA increased by 9% to $49.9 million compared to $45.7 million in the prior year quarter [12] - Operating income improved significantly to $9.8 million from an operating loss of $38.4 million in the same quarter last year [11][12] - Net income attributable to ATN stockholders for Q3 was $4.3 million, or $0.18 per share, compared to a net loss of $32.7 million, or $2.26 per share, in the prior year [12] Business Segment Performance - International segment revenues increased by 1% to approximately $95 million, with adjusted EBITDA growing 3% to $33.3 million [13] - U.S. telecom segment revenues, excluding construction revenues, were $87 million, up 3.5% year over year, with adjusted EBITDA for the quarter up 19.6% to $21.2 million [13] Market Data and Key Metrics Changes - High-speed broadband homes passed grew by 8%, and the total high-speed subscriber base increased by 1% year over year [4] - The U.S. segment saw tangible benefits from investments in carrier and enterprise solutions, particularly in Alaska's enterprise revenue and consumer-fixed wireless [6] Company Strategy and Development Direction - The company is focused on expanding fiber and fiber-fed fixed wireless across markets with a durable consumer presence while growing its base of business and carrier solutions [6][7] - Investments in network quality and data capabilities are aimed at enhancing customer retention and increasing average revenue per user [5][13] - The company is actively monitoring federal broadband policy developments and funding mechanisms to penetrate underserved areas [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the steady momentum across business segments and reaffirmed guidance for revenue, capital expenditure, and net debt ratio [9] - The company is refining its adjusted EBITDA outlook while maintaining a focus on cost containment and capital efficiency initiatives [16] Other Important Information - Total cash and cash equivalents increased to $119.6 million as of September 30, 2025, up from $89.2 million at the end of 2024 [14] - Capital expenditures for the nine months ended September 30, 2025, totaled $60.9 million, down from $85.7 million in the prior year period [15] Q&A Session Summary Question: Impact of government shutdown on subsidy programs - Management indicated no impact on payments for programs and expects no effects through Q4, although permitting could pose challenges if the shutdown extends [20][22] Question: Initiatives for improved execution in Alaska - A new management team in Alaska has established key partnerships to address rural healthcare opportunities, contributing to improved execution and close rates [23] Question: Priorities for improved cash flow and leverage - Management is pleased with cash flow trends and expects to continue reducing leverage while benefiting from grants and reimbursable programs [24]

Financial Performance - Q3 2025 total revenue reached $183 million, with US contributing 48% and International 52%[15] - Q3 2025 Adjusted EBITDA totaled $49 million, with US accounting for 39% and International 61%[15] - International Telecom segment saw a revenue increase of 1% and Adjusted EBITDA increase of 3% in Q3 2025[16, 20] - US Telecom segment experienced a revenue increase of 5% and Adjusted EBITDA increase of 20% in Q3 2025[17, 21] - The company anticipates full year 2025 revenue to be in line with 2024 revenue of $725 million[26] - The company projects full year 2025 Adjusted EBITDA to be flat to slightly above 2024 Adjusted EBITDA of $184 million[26] Key Performance Indicators - High-Speed Data Broadband Homes Passed reached approximately 433,000, a year-over-year increase of 8%[13] - High-Speed Data Customers totaled approximately 143,000, a year-over-year increase of 1%[13] - Fiber Route Miles reached approximately 12,000, a year-over-year increase of 1%[13] - International Mobile Subscribers numbered approximately 393,000, a year-over-year decrease of 0.4%[13]

Core Insights - ATN International reported quarterly earnings of $0.18 per share, exceeding the Zacks Consensus Estimate of a loss of $0.06 per share, marking an earnings surprise of +400.00% [1] - The company generated revenues of $183.17 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.42% and showing an increase from $178.45 million year-over-year [2] - The stock has underperformed the market, losing about 15.5% since the beginning of the year compared to the S&P 500's gain of 15.1% [3] Earnings Performance - Over the last four quarters, ATN International has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $183.1 million, and for the current fiscal year, it is -$0.36 on revenues of $726 million [7] Market Outlook - The company's earnings outlook and management's commentary on the earnings call will be crucial for understanding future stock movements [3][4] - The Zacks Rank for ATN International is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] - The Wireless National industry, to which ATN International belongs, is currently in the bottom 35% of Zacks industries, which may impact the stock's performance [8]

Financial Performance - Third quarter revenues increased 3% to $183.2 million compared to $178.5 million in the same quarter last year[9] - Adjusted EBITDA for the third quarter rose 9% to $49.9 million, up from $45.7 million year-over-year[12] - Net income for the third quarter was $4.3 million, or $0.18 per diluted share, compared to a net loss of $(32.7) million, or $(2.26) per diluted share, in the prior year[11] - Total revenue for the three months ended September 30, 2025, was $183.165 million, compared to $178.451 million for the same period in 2024, representing an increase of 3.97%[43] - Net income attributable to ATN International, Inc. stockholders for the three months ended September 30, 2025, was $4.343 million, compared to a net loss of $32.691 million for the same period in 2024[43] - Operating income for the three months ended September 30, 2025, was $9.830 million, compared to an operating loss of $38.358 million for the same period in 2024[43] - For the nine months ended September 30, 2025, the net loss was $16,715,000, a significant improvement from a net loss of $36,059,000 in the same period of 2024, representing a reduction of approximately 53%[45] - Total revenue for the three months ended September 30, 2025, was $183,165,000, compared to $178,451,000 for the same period in 2024, indicating a year-over-year increase of about 2%[47][49] - The total operating income for the three months ended September 30, 2025, was $9,830,000, a recovery from an operating loss of $38,358,000 in the same period of 2024[47][49] - Adjusted EBITDA for the nine months ended September 30, 2025, was $140,067,000, up from $45,670,000 in the same period of 2024, reflecting a substantial increase of approximately 206%[51][52] - Adjusted EBITDA for the nine months ended September 30, 2025, was $140,067 million, compared to $137,861 million for the same period in 2024, indicating a stable performance[57] Capital Expenditures and Debt Management - Capital expenditures for the year-to-date period were $60.9 million, down from $85.7 million in the prior-year period[23] - Capital expenditures are expected to be in the range of $90 to $100 million, down from $110.4 million in 2024[30] - The company's Net Debt Ratio was 2.47x as of September 30, 2025, with expectations to remain flat at approximately 2.54x for the full year 2024[22] - Net Debt Ratio is expected to remain flat with full year 2024 at approximately 2.54x, with potential for slight improvement exiting 2025[30] - The total debt, including the current portion, was $579,607,000 as of September 30, 2025, compared to $557,356,000 at the end of September 2024, reflecting an increase of approximately 4%[47][49] - The net debt ratio improved to 2.47 as of September 30, 2025, down from 2.54 at the end of 2024, reflecting better debt management[61] Cash and Liquidity - Cash and cash equivalents increased to $106.163 million as of September 30, 2025, from $73.393 million as of December 31, 2024[41] - Cash, cash equivalents, and restricted cash at the end of the period on September 30, 2025, totaled $119,640,000, compared to $89,243,000 at the end of the same period in 2024, marking an increase of about 34%[47][52] - The company reported net cash provided by operating activities of $97,689,000 for the nine months ended September 30, 2025, slightly up from $97,426,000 in the same period of 2024[45] - Total current liabilities as of September 30, 2025, were $259,735,000, compared to $267,314,000 at the end of September 2024, showing a decrease of about 3%[47][49] - Total assets decreased to $1.698681 billion as of September 30, 2025, from $1.727103 billion as of December 31, 2024[41] - Total liabilities decreased slightly to $1.050747 billion as of September 30, 2025, from $1.055349 billion as of December 31, 2024[41] Strategic Focus and Future Outlook - The company is focused on disciplined execution of its strategic roadmap, with revenue growth in domestic operations driven by carrier-managed services[27] - The company plans to continue focusing on market expansion and new product development to drive future growth[46] - The company incurred total operating expenses of $557,994 million, with depreciation and amortization expenses accounting for $107,196 million[53] - Stock-based compensation expenses totaled $6,521 million, indicating ongoing investment in employee incentives[58] - The company is focusing on restructuring and reorganization expenses, which amounted to $8,727 million for the nine months ended September 30, 2025, to enhance operational efficiency[57] Segment Performance - High-speed broadband homes passed increased by 8% to 432,500, while total high-speed subscribers grew by 1% to 142,500[20] - Total revenue for the company reached $548,527 million, with a significant contribution from Communications Services at $533,055 million, representing a year-over-year increase[53] - The international telecom segment generated an operating income of $18,091 million, showcasing strong performance in this area[55] - The company reported a net loss attributable to non-controlling interests of $6,059 million, highlighting challenges in certain segments[53]

Core Insights - ATN International, Inc. reported steady financial performance in Q3 2025, with revenues of $183.2 million, a 3% increase from $178.5 million in Q3 2024, driven by growth in fixed and carrier services despite a decline in mobility revenues [4][6][9] - The company achieved an operating income of $9.8 million, a significant recovery from a loss of $(38.4) million in the previous year, aided by cost containment measures and a reduction in depreciation and amortization expenses [5][6] - Adjusted EBITDA rose by 9% to $49.9 million compared to $45.7 million in Q3 2024, reflecting improved operational efficiency and margin expansion [6][9] Financial Performance - Consolidated revenues for Q3 2025 were $183.2 million, up 3% from $178.5 million in Q3 2024, primarily due to growth in fixed and carrier services [4][9] - Operating income improved to $9.8 million from a loss of $(38.4) million in the prior year, which included a $35.3 million goodwill impairment charge [5][9] - Net income attributable to ATN stockholders was $4.3 million, or $0.18 per diluted share, compared to a net loss of $(32.7) million, or $(2.26) per diluted share, in Q3 2024 [6][9] Segment Performance - The company operates in three segments: International Telecom, US Telecom, and Corporate and Other, with total revenue for Q3 2025 reported at $183.2 million [7][36] - International Telecom revenue was $95.1 million, while US Telecom revenue was $88.0 million, indicating a diversified revenue stream [10][36] - Mobility revenues showed a slight decline, while fixed and carrier services contributed positively to overall revenue growth [4][9] Operational Metrics - High-speed broadband homes passed increased by 8% year-over-year, with total high-speed subscribers growing by 1% [9][14] - The company reported a net cash provided by operating activities of $97.7 million for the year-to-date period, slightly up from $97.4 million in the prior year [17][34] - Capital expenditures for the year-to-date period were $60.9 million, down from $85.7 million in the previous year [17][34] Business Outlook - The company is refining its full-year 2025 Adjusted EBITDA expectations while maintaining its outlook for revenue, capital expenditures, and Net Debt Ratio [20][21] - Revenue, excluding construction revenue, is expected to align with last year's result of $725 million, with Adjusted EBITDA anticipated to be flat to slightly above last year's result of $184 million [28][21] - Capital expenditures are projected to be in the range of $90 to $100 million, down from $110.4 million in 2024, with a Net Debt Ratio expected to remain flat at approximately 2.54x [28][21]