ATN International (NASDAQ:ATNI) Announces Quarterly Earnings Results

Key Points

• ATN International reported a quarterly EPS of ($0.24), missing the consensus estimate of ($0.07) by ($0.17), with revenue of $181.30 million against an expectation of $184.67 million.
• The company increased its quarterly dividend to $0.275 per share, reflecting an annualized dividend of $1.10 and a yield of 7.3%, up from the previous dividend of $0.24.
• Institutional investors own 65.50% of ATN International's stock, with Strs Ohio recently acquiring a new stake valued at approximately $138,000.

ATN International (NASDAQ:ATNI - Get Free Report) issued its earnings results on Thursday. The technology company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.17), Zacks reports. ATN International had a negative net margin of 6.26% and a negative return on equity of 0.60%. The firm had revenue of $181.30 million during the quarter, compared to the consensus estimate of $184.67 million. ATN International updated its FY 2025 guidance to EPS.

ATN International Stock Performance

Shares of NASDAQ ATNI traded down $1.56 during mid-day trading on Friday, reaching $15.05. 32,087 shares of the company were exchanged, compared to its average volume of 39,532. The company's 50-day simple moving average is $16.81 and its 200-day simple moving average is $17.27. The company has a quick ratio of 1.11, a current ratio of 1.16 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $229.06 million, a P/E ratio of -4.47 and a beta of 0.69. ATN International has a twelve month low of $13.76 and a twelve month high of $33.72.

ATN International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 7th. Shareholders of record on Monday, June 30th were paid a $0.275 dividend. This is a positive change from ATN International's previous quarterly dividend of $0.24. This represents a $1.10 annualized dividend and a yield of 7.3%. The ex-dividend date was Monday, June 30th. ATN International's dividend payout ratio is currently -47.62%.

Institutional Trading of ATN International

An institutional investor recently bought a new position in ATN International stock. Strs Ohio bought a new stake in ATN International, Inc. (NASDAQ:ATNI - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 6,800 shares of the technology company's stock, valued at approximately $138,000. Institutional investors own 65.50% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of ATN International from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th.

ATN International Company Profile

ATN International, Inc, through its subsidiaries, engages in the provision of digital infrastructure and communications services to residential, business, and government customers in the United States and internationally. The company operates through International Telecom and US Telecom segments. The company offers mobile, data, voice, broadband, and fixed services; handsets and accessories; and wholesale roaming, long distance voice services, and site maintenance services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.