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
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Beat* | $183.20 mln | $182.80 mln (2 Analysts) |
Q3 Adjusted EBITDA | Beat | $49.90 mln | $45.70 mln (2 Analysts) |
Q3 Operating Income | $9.80 mln |
*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.)