BEVERLY, Mass. (AP) — BEVERLY, Mass. (AP) — ATN International, Inc. (ATNI) on Wednesday reported a fourth-quarter loss of $3.3 million, after reporting a profit in the same period a year earlier.
The Beverly, Massachusetts-based company said it had a loss of 32 cents per share. Earnings, adjusted for non-recurring costs, were 3 cents per share.
The provider of telecommunications services posted revenue of $184.2 million in the period.
For the year, the company reported that its loss narrowed to $14.9 million, or $1.38 per share. Revenue was reported as $728 million.
ATN International shares have risen 31% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.77, a climb of 75% in the last 12 months.
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