ATN Q2 revenue up 14% to $123.9M; EPS $0.13 vs $0.30; Alaska Comms closed July 22

ATN International, Inc.

2021-Q2 EPS reported $0.30 revenue$248,375,000

Consolidated revenue $123.9M (+14% YoY); net income $2.0M ($0.13 diluted EPS) vs $4.8M ($0.30) prior year.
International Telecom revenue $86.2M (+8%); Adjusted EBITDA $28.4M (-1%) on higher costs and $1.1M legal expenses.
US Telecom revenue $37.6M (+34%) driven by $9.3M FirstNet construction; segment operating loss of $0.6M.
Alaska Communications acquisition closed July 22; expected to contribute $105-109M revenue and $27-29M Adjusted EBITDA through year-end.
Cash and restricted cash $96.0M at June 30; net cash from operations $27.5M for H1 2021 vs $40.4M prior year.

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