Atlantic Tele-Network (ATNI) Misses Q2 EPS by 67c

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ATN Reports Second Quarter and Six Month 2016 Results

July 27, 2016 5:20 PM EDT

Second Quarter 2016 Financial Highlights:

Revenues: $100.0 millionAdjusted EBITDA1: $34.3 millionOperating loss: $5.4 million includes $23.2 million of special chargesNet loss attributable to ATNs stockholders: $3.1 million, or $0.19 per share inclusive of special charges and a  bargain purchase gain of $7.3 million   Cash flow from operating activities: $50.7 million for the first six months of 2016

BEVERLY, Mass., July 27, 2016 (GLOBE NEWSWIRE) -- ATN (NASDAQ: ATNI), today reported results for the... More