ATN International (ATNI) Misses Q3 EPS by $2.10, Misses on Revenue

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Go back to ATN International (ATNI) Misses Q3 EPS by $2.10, Misses on Revenue

ATN Reports Third Quarter 2024 Results; Updates Full-Year 2024 Outlook

October 29, 2024 4:30 PM EDT

First-to-Fiber and Glass & SteelTM Strategies Yield Year-Over-Year Increases in High-Speed Data Subscriber and Network Reach Metrics  

Total high-speed broadband subscribers increased 6% year-over-yearBroadband homes passed by high-speed data services expanded 20% year-over-yearCapital expenditures were $85.7 million (net of $71.8 million reimbursements) for the first nine months of 2024, reduced from $126.6 million (net of $14.3 million reimbursements) for the first nine months of 2023  

Q3 2024 Results Highlighted by International Telecom Segment Fixed Revenue Growth, Cost Management Initiatives Supporting Margin Expansion

International Telecom segment revenues were essentially flat supported... More