earnings
confidence high
sentiment positive
materiality 0.65
ATN Q3 revenue up 9% to $182.2M; net loss $2.8M; reaffirms FY22 guidance
ATN International, Inc.
2022-Q3 EPS reported
-$0.49
revenue$533,730,000
- Revenue $182.2M (+9% YoY), EBITDA $38.0M, Adj. EBITDA $41.9M (up from $31.4M and $36.8M).
- Net loss $2.8M ($0.25/sh) vs $2.6M loss ($0.22/sh) in prior year.
- US Telecom revenue $92.2M (+13% YoY) driven by Alaska Communications; International Telecom $90.0M (+6%).
- Reaffirms FY22 Adj. EBITDA guidance $165-170M and capex $150-160M net.
- Awarded ~$145M in connectivity grants since July 2022; quarterly dividend $0.17/sh declared.