ATN International (ATNI) Posts Q4 EPS of $0.69

ATN International (NASDAQ: ATNI) reported Q4 EPS of $0.69, which may not compare to the analyst estimate of ($0.18). Revenue for the quarter came in at $107.7 million versus the consensus estimate of $99.8 million.

Net income attributable to ATN’s stockholders for the fourth quarter was $43.5 million or $2.71 per diluted share, an increase over the prior year net income of $1.9 million or $0.12 per diluted share. The Income Tax benefit for the quarter reflects the recent passage of the Tax Cuts and Jobs Act of 2017 and includes a $7.4 million transition tax on foreign earnings offset by an $18.4 million benefit from reduced federal rates on our deferred tax liabilities. Net Income attributable to ATN stockholders excluding hurricane charges and insurance recoveries2 for the fourth quarter was $11.0 million, or $0.69 per diluted share.

For earnings history and earnings-related data on ATN International (ATNI) click here.

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