ATN International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 26, 2023 at 04:30 pm EDT
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ATN International, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 1.02 million compared to USD 3.3 million a year ago. Revenue was USD 186.44 million compared to USD 179.5 million a year ago. Net income was USD 0.767 million compared to net loss of USD 0.525 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.11 a year ago.
For the six months, sales was USD 1.61 million compared to USD 5.28 million a year ago. Revenue was USD 372.21 million compared to USD 351.52 million a year ago. Net loss was USD 5.12 million compared to USD 1.47 million a year ago. Basic loss per share from continuing operations was USD 0.48 compared to USD 0.24 a year ago. Diluted loss per share from continuing operations was USD 0.48 compared to USD 0.24 a year ago.
ATN International, Inc. is a provider of digital infrastructure and communications services. The Company operates in the United States and internationally, including the Caribbean region. Its segments include International Telecom and US Telecom. The International Telecom segment provides mobility services, fixed services, carrier services, and managed services in Bermuda, the Cayman Islands, Guyana, and the US Virgin Islands. The US Telecom segment provides fixed services, carrier services, mobility services, and managed services in Alaska and parts of the western United States. Through its subsidiaries, it provides advanced wireless and wireline connectivity to residential, business, and government customers, including a range of high-speed Internet and data services, fixed and mobile wireless solutions, and video and voice services; and carrier and enterprise communications services, such as terrestrial and submarine fiber optic transport, and communications tower facilities.
ATN INTERNATIONAL, INC. 
