ATN International Q2 revenue rises 4% to $186.4M; adj. EBITDA up 10%

ATN International, Inc.

2023-Q2 EPS reported -$0.48 revenue$372,214,000

Net income of $0.8M vs. prior-year period; diluted EPS loss $(0.03).
Operating income increased to $2.4M; Adjusted EBITDA grew 10% to $45.8M.
Total high-speed subscribers up 22%; broadband homes passed by high-speed data services rose 66%.
Capital expenditures of $38.9M (net of $4.9M reimbursements).
Company reiterates FY2023 Adjusted EBITDA guidance of $183M-$193M and capex of $160M-$170M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ATN International, Inc. reported second quarter 2023 results: revenue $186.4 million, net income $0.8 million, EPS $(0.03) loss per share. Guidance reaffirmed.

Period: second quarter 2023
Revenue: $186.4 million
Net income: $0.8 million
EPS: $(0.03) loss per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Grew revenue 4% to $186.4 million · Increased total high-speed subscribers by 22% · Expanded broadband homes passed by high-speed data services by 66% · Capital expenditures were $38.9 million (net of $4.9 million of reimbursements) Operating Income and Adjusted EBITDA Improvements Follow Subscriber and Revenue Growth · Increased net income to $0.8 million, or a $(0.03) loss per share

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Source: SEC EDGAR

accession 0001104659-23-084450

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