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.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATNI at https://www.zacks.com/ap/ATNI
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