ATN International: Q1 Earnings Snapshot
By AP News
Published - Apr 24, 2024, 04:58 PM ET
Last Updated - May 27, 2024, 01:07 AM EDT
BEVERLY, Mass. (AP) — BEVERLY, Mass. (AP) — ATN International, Inc. (ATNI) on Wednesday reported a loss of $6.3 million in its first quarter.
On a per-share basis, the Beverly, Massachusetts-based company said it had a loss of 50 cents. Losses, adjusted for restructuring costs, came to 42 cents per share.
The provider of telecommunications services posted revenue of $186.8 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $191.7 million.
ATN International expects full-year revenue in the range of $730 million to $750 million.