ATN International (NASDAQ:ATNI) Issues Quarterly Earnings Results, Misses Estimates By $0.47 EPS

ATN International (NASDAQ:ATNI - Get Free Report) released its quarterly earnings data on Wednesday, April 30th. The technology company reported ($0.57) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.47), Zacks reports. The firm had revenue of $179.29 million for the quarter, compared to analysts' expectations of $178.67 million. ATN International had a positive return on equity of 0.52% and a negative net margin of 4.79%. ATN International updated its FY 2025 guidance to EPS.

ATN International Stock Up 1.0 %

Shares of ATNI stock traded up $0.16 during mid-day trading on Wednesday, hitting $16.73. 16,396 shares of the stock traded hands, compared to its average volume of 97,544. The stock's fifty day moving average is $18.97 and its two-hundred day moving average is $18.86. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.21 and a quick ratio of 1.15. ATN International has a 52-week low of $14.63 and a 52-week high of $33.72. The stock has a market cap of $254.63 million, a P/E ratio of -6.15 and a beta of 0.69.

ATN International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Monday, March 31st were issued a $0.24 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.96 dividend on an annualized basis and a yield of 5.74%. ATN International's dividend payout ratio is presently -41.56%.

Analyst Ratings Changes

Several brokerages have recently commented on ATNI. Raymond James set a $22.00 price target on ATN International in a research note on Thursday, March 6th. StockNews.com lowered shares of ATN International from a "buy" rating to a "hold" rating in a report on Monday.

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.