ATN International Q3 revenue up 49% to $166.8M; net loss of $0.22 per share

ATN International, Inc.

2021-Q3 EPS reported $0.08 revenue$415,135,000

Revenue of $166.8M, up 49% YoY, driven by Alaska Communications acquisition (closed July 22) contributing $46.8M.
Net loss attributable to ATN stockholders of $2.6M ($0.22 loss per share) vs prior year net income of $2.7M ($0.17 per share).
Adjusted EBITDA $36.8M, up from $31.2M; US Telecom segment revenue surged to $81.5M from $28.1M.
International Telecom revenue grew 3% to $85.3M; subscriber and ARPU growth offset by lower FCC support.
Operating loss of $1.0M vs operating income of $9.6M due to transaction fees and amortization from Alaska acquisition.

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