ATN International Q2 2024 Results: EPS Beats Expectations

ATN International (NASDAQ:ATNI) Q2 2024 Results

Key Financial Results

• Revenue: $183.3 million (down 1.7% compared to Q2 2023).

• Net income of $7.63 million (compared to a loss of $493.0 thousand in Q2 2023).

• Profit margin: 4.2% (compared to net loss in Q2 2023).

• Earnings per share of $0.50 (up from a loss of $0.031 in Q2 2023).

All numbers shown in the chart above are for the last 12 months (TTM)

ATN International EPS exceeds expectations

Revenues were in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.

Revenues are forecast to remain stable over the next three years, while the US telecommunications industry is forecast to grow by 2.9%.

Efficiency American telecommunications industry.

The company’s shares are down 10% from a week ago.

Risk analysis

Don’t forget that there may still be risks. For example, we have identified 2 Warning Signs for ATN International that you should know about.

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