ATN Q1 revenue $172M (+38% YoY) on Alaska acquisition; net loss $0.9M, EPS -$0.13

ATN International, Inc.

2022-Q1 EPS reported -$0.13 revenue$172,019,000

Revenue increased 38% to $172.0M from $124.5M, driven by Alaska Communications acquisition.
GAAP net loss of $0.9M vs net income of $2.7M a year ago; diluted EPS loss of $0.13.
Adjusted EBITDA rose to $40.6M from $24.7M; operating income fell to $0.1M due to $3.4M one-time asset losses.
International Telecom revenue $86.8M (+4% YoY); US Telecom revenue more than doubled to $85.2M.
Reaffirmed FY2022 guidance: capex $150-$160M, Adjusted EBITDA $165-$170M; three-year targets unchanged.

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