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ATN Board Declares Quarterly Dividend
GlobeNewswire News Room· 2024-06-20 15:00
BEVERLY, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- ATN International, Inc. (Nasdaq: ATNI) announced that its Board of Directors has declared a quarterly dividend of $0.24 per share, payable on July 10, 2024, on all common shares outstanding to stockholders of record as of June 30, 2024. About ATN ATN International, Inc. (Nasdaq: ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services in the United States and internationally, including the Caribbean ...
ATN International(ATNI) - 2024 Q1 - Quarterly Report
2024-05-10 19:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |-------------------------------------------------------------------------------------|----------------------------------------- ...
ATN International(ATNI) - 2024 Q1 - Earnings Call Transcript
2024-04-26 00:46
ATN International, Inc. (NASDAQ:ATNI) Q1 2024 Results Conference Call April 25, 2024 10:00 AM ET Company Participants Michele Satrowsky - Corporate Treasurer and Head of Investors Brad Martin - Chief Executive Officer Carlos Doglioli - Chief Financial Officer Conference Call Participants Richard Prentiss - Raymond James Greg Burns - Sidoti Hamed Khorsand - BWS Financial Robert Beauregard - Global Alpha Capital Management Operator Good day, and thank you for standing by. Welcome to the ATN International Q1 2 ...
ATN International(ATNI) - 2024 Q1 - Quarterly Results
2024-04-24 22:15
Exhibit 99.1 ATN Reports First Quarter 2024 Results; Revises Full Year 2024 Outlook "First-to-Fiber" and "Glass & Steel" Strategies Drive Continued Year-Over-Year Growth in High-Speed Data Subscribers and Network Reach · First quarter revenues increased 1% to $186.8 million · Total high-speed broadband subscribers increased by 12% · Broadband homes passed by high-speed data services expanded by 28% · Capital expenditures were $36.0 million (net of $13.5 million reimbursements) First Quarter Results Impacted ...
ATN Reports First Quarter 2024 Results; Revises Full Year 2024 Outlook
Newsfilter· 2024-04-24 20:30
Core Insights - The company reported a 1% increase in first-quarter revenues to $186.8 million, driven by a 12% increase in high-speed broadband subscribers and a 28% expansion in broadband homes passed by high-speed data services [1][6][11] - The first quarter net loss increased to $(6.3) million, or $(0.50) per share, influenced by restructuring expenses of $1.2 million, despite an increase in operating income to $4.6 million [1][7][31] - Adjusted EBITDA decreased by 3% to $43.5 million, attributed to higher service costs that offset revenue growth [1][8] Financial Performance - First quarter revenues were $186.8 million, up from $185.8 million year-over-year, primarily due to higher fixed revenues in the International segment [6][11] - Operating income rose to $4.6 million compared to $0.6 million in the previous year, mainly due to lower restructuring expenses and reduced depreciation and amortization [7][8] - The net loss attributable to ATN stockholders was $(6.3) million, compared to $(5.9) million in the same quarter last year, reflecting increased interest and income tax expenses [7][31] Subscriber and Network Growth - Total high-speed broadband subscribers increased by 12%, reaching 137,700, while broadband homes passed by high-speed data services grew by 28% to 386,300 [1][13] - The company continues to execute its "First-to-Fiber" and "Glass & Steel™" strategies to enhance its digital infrastructure and fixed wireless capabilities [4][11] Revised Outlook for 2024 - The company revised its 2024 revenue guidance to a range of $730 million to $750 million, excluding construction revenue, and adjusted EBITDA expectations to $190 million to $200 million [2][5][17] - Capital expenditures for 2024 are now expected to be between $100 million and $110 million, reflecting project delays and a focus on improving operating cash flow [2][5][18] Strategic Initiatives - The company is prioritizing the recovery of project delivery schedules and pursuing business revenue opportunities to mitigate the impact of delays in carrier services projects [5][11] - A three-year strategic investment plan initiated in 2021 aims to accelerate investments in high-speed data and expand broadband subscribers, with a reduction in capital expenditures as the plan nears completion [11][20]
ATN to Host First Quarter 2024 Financial Results Conference Call on April 25, 2024
Newsfilter· 2024-04-10 14:30
Company Announcement - ATN International, Inc. will release its first quarter 2024 results on April 24, 2024, after market close [1] - A conference call to discuss the results is scheduled for April 25, 2024, at 10:00 a.m. ET [1] Conference Call Details - The conference call can be accessed via a webcast link provided [2] - A replay of the conference call will be available starting at approximately 1:00 p.m. ET on the same day [2] - An investor presentation will be provided as a supplement to the call [2] Participation Instructions - To participate in the live call, registration is required through a specific link [3] - Registered participants will receive dial-in numbers and a unique PIN for access [3] Company Overview - ATN International, Inc. is headquartered in Beverly, Massachusetts, and provides digital infrastructure and communications services [4] - The company focuses on rural and remote markets, offering advanced wireless and wireline connectivity, high-speed Internet, and data services [4] - ATN also provides carrier and enterprise communications services, including fiber optic transport and communications tower facilities [4]
ATN to Host First Quarter 2024 Financial Results Conference Call on April 25, 2024
Globenewswire· 2024-04-10 14:30
BEVERLY, Mass., April 10, 2024 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release first quarter 2024 results on Wednesday, April 24, 2024, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Thursday, April 25, 2024. Key details regarding the call are as follows: Call Date: Thursday, April 25, 2024Call Time: 10:00 ...
ATN Board Declares Quarterly Dividend
Newsfilter· 2024-03-18 14:15
BEVERLY, Mass., March 18, 2024 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has declared a quarterly dividend of $0.21 per share, payable on April 5, 2024, on all common shares outstanding to stockholders of record as of March 31, 2024. About ATN ATN International, Inc. (NASDAQ:ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services in the United States and internationally, including the Caribbean ...
ATN International(ATNI) - 2023 Q4 - Annual Report
2024-03-14 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-12593 ATN INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdic ...
ATN's CEO Brad Martin and CFO Carlos Doglioli to Update Shareholders Today at the Sidoti Spring 2024 Small Cap Virtual Investor Conference
Newsfilter· 2024-03-14 13:19
BEVERLY, Mass., March 14, 2024 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI), a leading provider of digital infrastructure and communications services, invites investors to log on as Brad Martin and Carlos Doglioli lead a webcasted presentation and participate in a fireside chat at the Sidoti Spring 2024 Small Cap Virtual Conference today at 9:15am ET. Management will highlight the Company's progress executing its three-year strategy to invest in growth and drive sustainable shareholder value-cr ...