Video and voice services
Search documents
ATN Reports Third Quarter 2025 Results
Globenewswire· 2025-11-05 21:30
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]
ATN to Host Third Quarter 2025 Financial Results Conference Call on November 6, 2025
Globenewswire· 2025-10-22 18:00
Core Viewpoint - ATN International, Inc. will release its third quarter 2025 results on November 5, 2025, and will host a conference call on November 6, 2025, to discuss these results [1]. Group 1: Conference Call Details - The conference call is scheduled for Thursday, November 6, 2025, at 10:00 a.m. ET [1]. - A live audio webcast of the conference call can be accessed via the provided webcast link or through the Company's Investor Relations website [2]. - A replay of the conference call will be available starting at approximately 1:00 p.m. ET on the same day [2]. Group 2: Company Overview - ATN International, Inc. is a leading provider of digital infrastructure and communications services, operating in the U.S. and internationally, including the Caribbean [4]. - The Company focuses on rural and remote markets with increasing demand for infrastructure investments [4]. - ATN's services include advanced wireless and wireline connectivity, high-speed Internet, data services, and carrier and enterprise communications services [4].
Investment Company Oak Harvest Opened a Position in Verizon. Is the Stock a Buy?
The Motley Fool· 2025-10-18 15:45
Company Overview - Verizon Communications is a leading provider of telecommunications and technology services, offering a diversified portfolio that includes wireless and wireline communications, internet access, video, voice services, and network solutions to consumers, businesses, and government entities worldwide [5][6] - The company generated revenue of $137.00 billion and a net income of $18.19 billion over the trailing twelve months (TTM) [4] - Verizon's current dividend yield stands at 6.81%, making it attractive for income investors [4][8] Recent Developments - Oak Harvest Investment Services initiated a new position in Verizon by purchasing approximately 243,369 shares, valued at $10.7 million, as of October 17, 2025 [2][3] - This new investment represents 1.2% of Oak Harvest's total reportable assets of $857.35 million as of September 30, 2025 [3] - Verizon's share price was $40.55 on October 17, 2025, reflecting a 7.8% decline over the past year, underperforming the S&P 500 by 21.6 percentage points [3] Financial Performance - Verizon reported a 5% year-over-year revenue growth in Q2, reaching $34.5 billion [7] - The company ended the first half of 2025 with free cash flow (FCF) of $8.8 billion, an increase from $8.5 billion in 2024 [7] - Verizon raised its FCF outlook for the year to between $19.5 billion and $20.5 billion, which is crucial for sustaining its dividend payments [8] Investment Appeal - The combination of a high dividend yield of 6.8% and an attractive price-to-earnings ratio of around 9 makes Verizon's stock a compelling investment opportunity, particularly for income-focused investors [9]
ATN Reports Second Quarter 2025 Results; Reaffirms 2025 Outlook
Globenewswire· 2025-08-07 20:45
Core Insights - ATN International, Inc. reported a consolidated revenue of $181.3 million for Q2 2025, a decrease of 1% compared to $183.3 million in Q2 2024, primarily due to the wind-down of subsidy programs and exit from legacy consumer solutions [4][6][7] - The company experienced a net loss of $7.0 million, or $0.56 per share, compared to a net income of $9.0 million, or $0.50 per diluted share, in the same quarter last year [6][7][30] - Adjusted EBITDA for Q2 2025 was $45.8 million, down 6% from $48.7 million in Q2 2024 [6][7][30] Financial Performance - Operating income for Q2 2025 was $0.2 million, significantly lower than $24.3 million in Q2 2024, which had benefited from a net gain of $15.9 million from asset dispositions [5][6][30] - Selling, general, and administrative costs were reduced, partially offsetting restructuring expenses of $4.9 million in the current quarter [5][6] - Net cash provided by operating activities increased by 2% to $59.8 million for the year-to-date period [7][15] Segment Performance - International Telecom revenue was $94.9 million in Q2 2025, slightly down from $95.4 million in Q2 2024, while US Telecom revenue decreased to $86.4 million from $87.9 million [9][36] - The company expanded high-speed broadband homes passed by 8% and grew total high-speed subscribers by 1% [7][12] - The total number of international mobile subscribers decreased by 1% to 392,500, with a 4% increase in post-paid subscribers [12][36] Business Outlook - The company reaffirmed its full-year 2025 guidance, expecting revenue excluding construction revenue to align with last year's result of $725 million and adjusted EBITDA to be flat at approximately $184 million [22][17] - Capital expenditures are projected to be between $90 million and $100 million for the year, compared to $110.4 million in 2024 [22][17] - The net debt ratio is expected to remain flat, with a slight potential improvement by the end of 2025 compared to 2.54x at the end of 2024 [22][17]
ATN Announces Updated Start Time for Second Quarter 2025 Financial Results Conference Call on August 8, 2025
GlobeNewswire News Room· 2025-07-29 19:00
Core Points - ATN International, Inc. announced a change in the start time for its second quarter 2025 financial results conference call, now scheduled for 9:00 a.m. ET on August 8, 2025, which is one hour earlier than previously planned [1] - The company provides a live audio webcast of the conference call, with a replay available starting at approximately 1:00 p.m. ET on the same day [2] - ATN International operates in the digital infrastructure and communications services sector, focusing on rural and remote markets, offering advanced wireless and wireline connectivity, as well as carrier and enterprise communications services [4]
ATN to Host Second Quarter 2025 Financial Results Conference Call on August 8, 2025
Globenewswire· 2025-07-17 19:00
Company Overview - ATN International, Inc. is a leading provider of digital infrastructure and communications services, headquartered in Beverly, Massachusetts [4] - The company operates in the United States and internationally, focusing on rural and remote markets with increasing demand for infrastructure investments [4] - ATN's services include advanced wireless and wireline connectivity, high-speed Internet, data services, fixed and mobile wireless solutions, video and voice services, as well as carrier and enterprise communications services [4] Upcoming Financial Results - ATN will release its second quarter 2025 results on August 7, 2025, after market close [1] - A conference call to discuss the results will be held on August 8, 2025, at 10:00 a.m. ET [1] - The call will be accessible via a live audio webcast, with a replay available shortly after the call [2] Participation Details - Participants must register through a provided link to receive dial-in numbers and a unique PIN for the live call [3] - If participants forget their PIN or lose the registration confirmation, they can re-register to obtain a new PIN [3] Additional Information - An investor presentation will be available as a supplement to the conference call on the company's Investor Relations website [2] - For further information, the company can be contacted through its corporate treasurer or investor relations [6]
ATN Increases Dividend 15% as Part of Disciplined Capital Allocation Strategy
Globenewswire· 2025-06-20 14:30
Core Points - ATN International, Inc. announced a quarterly dividend increase of 15% to $0.275 per share, payable on July 7, 2025 [1] - The decision to increase the dividend reflects the company's confidence in its financial strength and future cash flow generation [2] - The company is focused on monetizing investments made during a recent three-year strategic capital spending cycle, supported by cost management and efficiency initiatives [2] Company Overview - ATN International, Inc. is headquartered in Beverly, Massachusetts, and provides digital infrastructure and communications services in the U.S. and internationally, particularly in rural and remote markets [3] - The company's services include advanced wireless and wireline connectivity, high-speed Internet, data services, and carrier and enterprise communications services [3]