BEVERLY, Mass. (AP) — BEVERLY, Mass. (AP) — Atlantic Tele-Network Inc. (ATNI) on Wednesday reported a loss of $1.4 million in its fourth quarter.
The Beverly, Massachusetts-based company said it had a loss of 18 cents per share.
The provider of telecommunications services posted revenue of $192 million in the period.
For the year, the company reported that its loss narrowed to $5.6 million, or 67 cents per share. Revenue was reported as $725.7 million.
Atlantic Tele-Network shares have climbed roughly 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $47.42, an increase of 38% in the last 12 months.
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