ATN International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
October 29, 2024 at 04:30 pm EDT
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ATN International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 0.203 million compared to USD 2.04 million a year ago. Revenue was USD 178.45 million compared to USD 191.04 million a year ago. Net loss was USD 32.69 million compared to USD 3.58 million a year ago. Basic loss per share from continuing operations was USD 2.26 compared to USD 0.31 a year ago. Diluted loss per share from continuing operations was USD 2.26 compared to USD 0.31 a year ago.
For the nine months, sales was USD 2.61 million compared to USD 3.65 million a year ago. Revenue was USD 548.53 million compared to USD 563.25 million a year ago. Net loss was USD 30 million compared to USD 8.7 million a year ago. Basic loss per share from continuing operations was USD 2.24 compared to USD 0.8 a year ago. Diluted loss per share from continuing operations was USD 2.24 compared to USD 0.8 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. 
