NasdaqGS:ATNITelecom
ATN International (ATNI) Stock Rally Leans On Tower Sale Windfall
ATN International stock surged 27.6% to US$30.63 today, and the market is treating this quarter as a clean break from the past. The emotional trigger is simple. A telecom that had been grinding through modest revenue shifts just reported quarterly basic earnings per share of US$10.87 and trailing basic earnings per share of US$10.42, heavily shaped by a large non recurring gain from its United States tower sale.
The question now is whether that one time windfall justifies such a sharp...