ATN International

ATN International, Inc. engages in investment in communications, energy, and technology businesses. It operates through the following segments: U.S. Telecom, International Telecom, and Renewable Energy. The U.S. Telecom segment offers carrier services, including wholesale roaming services, site maintenance, and the leasing of critical network infrastructure. The International Telecom segment caters to other telecom providers such as international long-distance, roaming from other carriers, and transport and access services, as well as fixed internet and voice, and retail mobility services. The Renewable Energy segment delivers distributed generation solar power to corporate and industrial customers. The company was founded by Cornelius B. Prior Jr. in June 1987 and is headquartered in Beverly, MA.

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ATN International (ATNI) posts solid Q4 earnings, eyes growth opportunities

ATN International (ATNI) delivered strong financial results in Q4 2022, driven by revenue growth and increased profitability. The company's strategic focus on underserved markets and network expansion positions it well for future growth and success.

ATN International reports strong Q1 performance and strategic growth

ATN International's Q1 2023 earnings call highlighted robust performance, driven by revenue growth, improved EBITDA, and strategic initiatives.
The company's focus on network investments, operational efficiency, and market expansion underscore its resilience and growth potential in a competitive industry landscape.
While facing challenges in sustaining growth and managing investments, ATN International's strong financial management and strategic vision position it well for future opportunities and value creation.

ATN International reports robust Q2 performance and strategic partnerships

ATN International (ATNI) delivered a strong Q2 performance with revenue and EBITDA growth across international and U.S. segments.
The company showcased strengths in subscriber growth, strategic partnerships, and operational excellence, while addressing challenges in infrastructure investments and regulatory uncertainties.
Opportunities exist for ATNI to capitalize on growth prospects through further subscriber expansion, strategic initiatives, and financial optimization.

ATN International reports solid Q3 performance with growth opportunities ahead

ATN International's Q3 performance reflects revenue growth, subscriber expansion, and a strategic focus on infrastructure investments. While facing challenges in managing international segment expenses, the company aims to reduce leverage, enhance shareholder returns, and capitalize on growth opportunities in broadband and mobile services.

ATN International reports revenue growth and operational wins in Q4 2023

ATN International's Q4 2023 earnings call highlighted revenue growth, operational wins, and strategic milestones.
Management changes with Justin Benincasa's retirement and Carlos Doglioli stepping in as the new CFO.
Financially, ATN saw positive performance but faces challenges with reimbursement lag and leverage guidance adjustment.
Opportunities exist in market positioning, broadband strategies, and investor engagement for future growth.

ATN International reports mixed Q1 results, focuses on cost management

ATN International's Q1 2024 performance showed revenue growth but a decline in adjusted EBITDA, with challenges in the U.S. segment and growth in the International segment.
The company revised its 2024 guidance, focusing on managing costs, accelerating revenue opportunities, and expanding network capabilities.
Strategic initiatives like First-to-Fiber and Glass & Steel strategies aim to enhance infrastructure, while long-term goals include cash generation and margin improvement.

ATN International reports mixed Q3 performance, focuses on margin expansion

ATN International's Q3 2024 performance showcased a tale of two segments, with the International segment outperforming the U.S. operations.
The company is focused on optimizing value, expanding margins, and reducing capital expenditures to enhance financial resilience.
Addressing challenges in the U.S. Telecom segment while capitalizing on opportunities in the International segment will be key for future growth.

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ATN International, Inc. engages in investment in communications, energy, and technology businesses. It operates through the U.S. Telecom and International Telecom segments. The U.S. Telecom segment offers carrier services, including wholesale roaming services, site maintenance, and the leasing of critical network infrastructure. The International Telecom segment caters to other telecom providers such as international long-distance, roaming from other carriers, and transport and access services, as well as fixed internet and voice, and retail mobility services. The company was founded by Cornelius B. Prior Jr. in June 1987 and is headquartered in Beverly, MA.

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The balanced capital allocation strategy signifies the prudent investment decisions and healthy debt position of ATN International (ATNI).

ATN International Announces Dividend & Share Buyout Hike

BEVERLY, Mass., Dec. 14, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), today announced that the Company's Board of Directors has authorized the expansion of the share repurchase program to $25 million of common stock and approved a quarterly dividend increase of 14% to $0.24 from $0.21 per share. The quarterly dividend will be payable on January 5, 2024, on all common shares outstanding to stockholders of record as of December 31, 2023.

ATN International Board of Directors Expands Share Repurchase Program to $25 Million and Increases Dividend by 14%

ATN International is a telco with operations in the US and internationally, serving rural and remote markets. The company has been undergoing a significant capex program in 2022 and 2023. As capex comes down in 2024, ATN should see a return to positive free cash flows. ATN is well positioned to benefit from US infrastructure grants and the expected growth in oil production in Guyana and accompanying economic boom.

ATN International: Better Times On The Horizon

CEO Michael Prior to Transition to Executive Chairman; COO Brad Martin to be Appointed Chief Executive Officer and Member of the Board; Justin Benincasa to Retire; Carlos Doglioli to be Named CFO

ATN Announces Leadership Succession Plan for 2024

ATN International ATNI came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.25 per share a year ago.

ATN International (ATNI) Reports Q3 Loss, Tops Revenue Estimates (Revised)

ATN International, Inc. (NASDAQ:ATNI ) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Justin Benincasa – Chief Financial Officer Michael Prior – Chief Executive Officer Brad Martin – Chief Operating Officer Conference Call Participants Ric Prentiss – Raymond James Greg Burns – Sidoti Operator Good day, and thank you for standing by. Welcome to the ATN International Q3 2023 Earnings Conference Call and Webcast.

ATN International, Inc. (ATNI) Q3 2023 Earnings Call Transcript

Atlantic Tele-Network (ATNI) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.25 per share a year ago.

Atlantic Tele-Network (ATNI) Reports Q3 Loss, Tops Revenue Estimates

“First-to-Fiber” and “Glass & Steel™” Strategies Drive Year Over Year Growth Grew revenue 5% to $191.0 million Increased total high-speed subscribers by 20% Expanded broadband homes passed by high-speed data services by 52% Capital expenditures were $37.2 million (net of $7.3 million of reimbursements) Operating Income and Adjusted EBITDA Improvements Follow Subscriber and Revenue Growth Net loss of $(3.6) million, or a $(0.31) loss per share; operating income increased to $6.8 million Increased Adjusted EBITDA1 by 10% to $47.8 million Reiterates 2023 Outlook 2 Adjusted EBITDA for the full year 2023 expected to be in the range of $183 to $193 million Capital expenditures for the full year 2023 expected to be in the range of $160 to $170 million (net of reimbursements) Provides Preliminary 2024 Outlook 2 Adjusted EBITDA for the full year 2024 expected to be in the range of $200 to $208 million Capital expenditures for the full year 2024 expected to be in the range of $120 to $130 million (net of reimbursements) Earnings Conference Call Thursday, October 26, 2023, at 10:00 a.m. ET; web participant link: https://edge.media-server.com/mmc/p/3yif2rqx/ BEVERLY, Mass.

ATN Reports Third-Quarter 2023 Results; Reiterates 2023 Outlook; Provides Preliminary Outlook for 2024

BEVERLY, Mass., Oct. 11, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release third quarter 2023 results on Wednesday, October 25, 2023, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Thursday, October 26, 2023.

ATN to Host Third Quarter 2023 Financial Results Conference Call on October 26, 2023

ATN International reaffirms its EBITDA guidance for 2023 and expects inorganic growth and joint ventures to accelerate FCF margin growth. Market expectations include positive FCF and EPS in 2024 and 2025, which could have a positive effect on the stock valuation. Investment in new regions, further inorganic growth, and joint ventures with large telecom companies are expected to enhance FCF growth.

ATN International: The Digital Rural Opportunities Fund, And Reaffirmed EBITDA Guidance

BEVERLY, Mass., Sept. 06, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, announced today that Michael Prior, Chief Executive Officer, and Justin Benincasa, Chief Financial Officer, will present at the Sidoti & Company, LLC 2023 Small Cap Virtual Investor Conference on Thursday September 21, 2023. Management will concurrently host one-on-one virtual meetings with investors throughout the day.

ATN to Present at Sidoti 2023 Small Cap Investor Virtual Conference on September 21, 2023

ATN International, Inc. (NASDAQ:ATNI ) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Justin Benincasa - Chief Financial Officer Michael Prior - President, Chief Executive Officer & Chairman Brad Martin - Chief Operating Officer Conference Call Participants Ric Prentiss - Raymond James Operator Good day and thank you for standing by. Welcome to the ATN International Q2 2023 Earnings Conference Call.

ATN International, Inc. (ATNI) Q2 2023 Earnings Call Transcript

Atlantic Tele-Network (ATNI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.11 per share a year ago.

Atlantic Tele-Network (ATNI) Reports Q2 Loss, Misses Revenue Estimates

“First-to-Fiber” and “Glass & Steel TM ” Strategies Drive Year Over Year Growth

ATN Reports Second-Quarter 2023 Results; Reiterates Outlook

BEVERLY, Mass., July 21, 2023 (GLOBE NEWSWIRE) -- In response to recent media reporting in the United States, ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), completed a preliminary assessment of its communications network regarding the presence of legacy lead-sheath telecom cables in its network.

ATN Provides Update on Legacy Lead-sheathed Cables

BEVERLY, Mass., July 17, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communication services, today announced the completion of a $300 million debt financing that includes extending, and expanding its senior secured credit facilities, consisting of a five-year $170 million revolving line of credit and a six-year $130 million term loan.

ATN International Completes Renewal and Expansion of Credit Facilities

BEVERLY, Mass., July 12, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release second quarter 2023 results on Wednesday, July 26, 2023, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Thursday, July 27, 2023.

ATN to Host Second Quarter 2023 Financial Results Conference Call On July 27, 2023

ATN International, Inc. (NASDAQ:ATNI ) Q1 2023 Earnings Conference Call April 27, 2023 9:00 AM ET Company Participants Justin Benincasa - CFO Michael Prior - President, CEO & Chairman Conference Call Participants Ric Prentiss - Raymond James Greg Burns - Sidoti & Company Hamed Khorsand - BWS Financial Inc. Operator Good day, and thank you for standing by. Welcome to the ATN International First Quarter 2023 Earnings Conference Call and Webcast.

ATN International, Inc. (ATNI) Q1 2023 Earnings Call Transcript

Atlantic Tele-Network (ATNI) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.13 per share a year ago.

Atlantic Tele-Network (ATNI) Reports Q1 Loss, Misses Revenue Estimates

“First-to-Fiber” and “Glass and Steel™ ” Strategies Drive Growth Revenue grew 8% to $185.8 million Increased total high-speed subscribers reached by 18% Expanded broadband homes passed by high-speed digital solutions by 56% Capital expenditures were $50.6 million (net of $2.1 million of reimbursables) Adjusted EBITDA Improvements Follow Subscriber and Revenue Growth Net loss increased to $(5.9) million, or $(0.44) per share; operating income increased to $0.6 million Adjusted EBITDA1 increased 6% to $44.8 million Reiterates 2023 Outlook 3 Adjusted EBITDA expected to be in the range of $183.0 to $193.0 million Capital Expenditures expected to be in the range of $160.0 to $170.0 million Earnings Conference Call Thursday, April 27, 2023, at 10:00 a.m. ET; web participant link: https://edge.media-server.com/mmc/p/xxataq2m BEVERLY, Mass.

ATN Reports First-Quarter 2023 Results; Reiterates Outlook

BEVERLY, Mass., April 14, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release first quarter 2023 results on Wednesday, April 26, 2023, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Thursday, April 27, 2023.

ATN To Host First Quarter 2023 Financial Results Conference Call On April 27, 2023

ANCHORAGE, Alaska--(BUSINESS WIRE)--The Alaska Communications board of directors has appointed Jim McCarley to act in the role of interim CEO on a temporary basis.

Alaska Communications Board Names Jim McCarley Interim CEO

BEVERLY, Mass., March 09, 2023 (GLOBE NEWSWIRE) -- ATN International, Inc. (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, announced today that Michael Prior, Chief Executive Officer, and Justin Benincasa, Chief Financial Officer, will participate in a fireside chat at the Sidoti & Company, LLC Spring 2023 Small Cap Virtual Investor Conference. Management will concurrently host one-on-one virtual meetings with investors throughout the day.

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