ATN International: Q1 Earnings Snapshot

BEVERLY, Mass. (AP) — BEVERLY, Mass. (AP) — ATN International, Inc. (ATNI) on Wednesday reported a loss of $6.3 million in its first quarter.

On a per-share basis, the Beverly, Massachusetts-based company said it had a loss of 50 cents. Losses, adjusted for restructuring costs, came to 42 cents per share.

The provider of telecommunications services posted revenue of $186.8 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $191.7 million.

ATN International expects full-year revenue in the range of $730 million to $750 million.

ATN International shares have decreased 26% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.72, a decline of 26% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ATNI at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up