Overview

• ATN Q3 revenue rises 3% to $183.2 mln, slightly beating analyst expectations

• Adjusted EBITDA for Q3 increases 9% to $49.9 mln, beating analyst estimates

• Company highlights growth in high-speed broadband and operational efficiency

Outlook

• ATN expects 2025 revenue to match last year's $725 mln, excluding construction revenue

• Adjusted EBITDA for 2025 expected to be flat or slightly above $184 mln

• Capital expenditures for 2025 projected between $90 mln and $100 mln

Result Drivers

• BROADBAND EXPANSION - ATN expanded high-speed broadband homes passed by 8%, contributing to revenue growth

• OPERATIONAL EFFICIENCY - Cost containment and operational focus improved margins and cash flow

• NETWORK INVESTMENTS - International network investments drove growth in high-speed data and mobile subscribers

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• Wall Street's median 12-month price target for ATN International Inc is $36.00, about 60.6% above its November 4 closing price of $14.20

Press Release: ID:nGNX4y24Z8

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)