Stock Analysis
- United States
- /
- Telecom Services and Carriers
- /
- NasdaqGS:ATNI
ATN International Third Quarter 2024 Earnings: Misses Expectations
ATN International (NASDAQ:ATNI) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$178.5m (down 6.6% from 3Q 2023).
- Net loss: US$34.1m (loss widened by US$29.2m from 3Q 2023).
- US$2.26 loss per share (further deteriorated from US$0.31 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ATN International Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates significantly.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Telecom industry in the US.
Performance of the American Telecom industry.
The company's shares are down 10% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for ATN International (2 are significant!) that we have uncovered.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:ATNI
ATN International
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.