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ATN InternationalA
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2026-08-06
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Earnings documents stored for ATNI.

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Investor releaseQuarter not tagged2026-08-06

ATN International Q2 Earnings Call Highlights

MarketBeat
Interested in ATN International, Inc.? Here are five stocks we like better. Q2 results improved: Revenue rose 2% year over year to $184.5 million, while adjusted EBITDA increased nearly 9% to $49.7 million and margins expanded to 27%. Tower sale significantly strengthened ATN’s balance sheet: The company received $268 million in initial proceeds, reduced debt to $513 million and lowered net leverage to 0.91 times. The transaction also produced a $230 million gain, driving reported net income of $167 million. Growth investments and shareholder returns continue: ATN reaffirmed its 2026 adjusted EBITDA outlook of $183 million to $193 million, raised its dividend 5.5% to $0.29 per share and expanded its buyback authorization to $30 million, while pursuing fiber, fixed-wireless and BEAD-funded projects. ATN International: A Deep Value Play With a High-Powered Dividend ATN International (NASDAQ:ATNI) reported higher second-quarter revenue and adjusted EBITDA, citing growth across its international and U.S. operations, while a partial sale of its U.S. tower portfolio materially strengthened its cash position and reduced leverage. Total revenue rose 2% year over year to $184.5 million in the second quarter. Excluding lower construction revenue and the expiration of a government subsidy in the U.S. Virgin Islands, revenue increased 3%, Chief Financial Officer Carlos Doglioli said. → 3 Drone Stocks That Should Soar After the Summer Slump Adjusted EBITDA increased nearly 9% from the prior-year period to $49.7 million, while adjusted EBITDA margin expanded to 27%. President and CEO Naji Khoury said the company’s segments delivered positive revenue and adjusted EBITDA growth, with consolidated margin improving by approximately 170 basis points year over year. ATN recorded operating income of $240 million during the quarter, primarily reflecting a $230 million gain associated with the initial closing of the U.S. tower portfolio sale. Excluding the gain and $6.3 million in transaction-related charges, operating income was approximately $16.1 million, Doglioli said. → Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth Net income attributable to ATN stockholders was approximately $167 million, or $10.71 per diluted share, compared with a net loss of $7 million, or $0.56 per share, in the second quarter of the prior year. The reported profit included the gain fr…Read full document

Interested in ATN International, Inc.? Here are five stocks we like better. Q2 results improved: Revenue rose 2% year over year to $184.5 million, while adjusted EBITDA increased nearly 9% to $49.7 million and margins expanded to 27%. Tower sale significantly strengthened ATN’s balance sheet: The company received $268 million in initial proceeds, reduced debt to $513 million and lowered net leverage to 0.91 times. The transaction also produced a $230 million gain, driving reported net income of $167 million. Growth investments and shareholder returns continue: ATN reaffirmed its 2026 adjusted EBITDA outlook of $183 million to $193 million, raised its dividend 5.5% to $0.29 per share and expanded its buyback authorization to $30 million, while pursuing fiber, fixed-wireless and BEAD-funded projects. ATN International: A Deep Value Play With a High-Powered Dividend ATN International (NASDAQ:ATNI) reported higher second-quarter revenue and adjusted EBITDA, citing growth across its international and U.S. operations, while a partial sale of its U.S. tower portfolio materially strengthened its cash position and reduced leverage. Total revenue rose 2% year over year to $184.5 million in the second quarter. Excluding lower construction revenue and the expiration of a government subsidy in the U.S. Virgin Islands, revenue increased 3%, Chief Financial Officer Carlos Doglioli said. → 3 Drone Stocks That Should Soar After the Summer Slump Adjusted EBITDA increased nearly 9% from the prior-year period to $49.7 million, while adjusted EBITDA margin expanded to 27%. President and CEO Naji Khoury said the company’s segments delivered positive revenue and adjusted EBITDA growth, with consolidated margin improving by approximately 170 basis points year over year. ATN recorded operating income of $240 million during the quarter, primarily reflecting a $230 million gain associated with the initial closing of the U.S. tower portfolio sale. Excluding the gain and $6.3 million in transaction-related charges, operating income was approximately $16.1 million, Doglioli said. → Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth Net income attributable to ATN stockholders was approximately $167 million, or $10.71 per diluted share, compared with a net loss of $7 million, or $0.56 per share, in the second quarter of the prior year. The reported profit included the gain from the tower transaction. The initial tower-sale closing generated $268 million in cash proceeds. ATN used $68 million to repay amounts outstanding under its CoBank revolver facility and ended the quarter with $332 million in cash equivalents and restricted cash, up $215 million from year-end. → Jersey Mike's Serves Fresh Gains After IPO Stumble Total debt declined to $513 million, and the company’s net leverage ratio improved to 0.91 times from 2.36 times at the end of 2025. Doglioli said roughly two-thirds of ATN’s outstanding debt is at the subsidiary level and is non-recourse to the parent company. ATN expects additional tower-sale closings over the next 10 months, with the potential for up to $30 million in further proceeds from sites deferred at the initial closing. International segment revenue increased 1.4% to $96 million, while adjusted EBITDA rose 6.6% to $35.5 million. Adjusted EBITDA margin expanded 180 basis points to 36.9%. Excluding the impact of the U.S. Virgin Islands government support that expired at the end of 2025, international revenue grew approximately 3%, according to Doglioli. Khoury said Guyana’s oil- and gas-driven economic expansion is supporting stronger broadband demand, rising penetration and continued migration of mobile customers from prepaid to postpaid plans. The company covers more than three-quarters of households in Guyana with fiber and is using fixed wireless in remote or lower-density areas where it is more efficient. In the Cayman Islands, ATN is expanding its fiber footprint and gaining share in consumer and enterprise markets, including through several recent enterprise wins. In the U.S. Virgin Islands, the company is beginning to upgrade portions of its hybrid fiber-coaxial network to fiber, while taking what Khoury described as a disciplined approach to the pace and economics of the transition. ATN also concluded a memorandum of understanding with Google to become a strategic partner facilitating access to Google’s new subsea cables in Bermuda, which are expected to go live during the second half of 2027. Revenue in ATN’s U.S. segment, which includes Alaska and the Southwest markets of New Mexico and the Four Corners region, increased slightly more than 2% year over year to $88 million. Growth in carrier services and fixed-business revenue more than offset lower construction revenue and the effects of the tower-sale closing. Excluding construction revenue and the tower-sale effects, U.S. segment revenue grew 4%. Adjusted EBITDA rose 4.5% to $19 million, and adjusted EBITDA margin increased 50 basis points to 21.6%. The tower-sale closing reduced U.S. segment revenue by about $500,000 from lost tower rents and increased costs by a similar amount, producing an approximately $1 million net impact on adjusted EBITDA. Doglioli said ATN expects a similar impact in the remaining months of 2026, which is included in its outlook. Khoury said Alaska’s current revenue base is primarily derived from carrier and business customers, while the company sees its main growth opportunity in residential service. ATN plans to expand networks, replace legacy copper infrastructure and improve commercial execution to support higher residential penetration. Across Alaska and the Southwest, the company is deploying fiber and fixed wireless technologies and pursuing government-supported broadband infrastructure opportunities. Khoury said approximately $150 million in Broadband Equity, Access, and Deployment, or BEAD, funding is expected to become available in ATN’s footprint later this year and into 2027. ATN reaffirmed its full-year 2026 adjusted EBITDA outlook of $183 million to $193 million, including the effects of the initial tower-portfolio sale closing. The company also maintained its expectation for capital expenditures, net of reimbursable spending, of $105 million to $115 million. Capital expenditures totaled $38.3 million during the first six months of the year, down $3.8 million from the prior-year period. Reimbursable capital spending was $27 million, compared with $46 million a year earlier, which Doglioli attributed to the variable timing of government programs. During the quarter, ATN increased its quarterly cash dividend 5.5% to $0.29 per share. In late July, its board expanded the company’s share-repurchase authorization to $30 million. Khoury, who said he had spent his first three months as CEO visiting ATN’s markets and meeting employees, customers and stakeholders, said the company has experienced management teams, infrastructure assets and longstanding customer relationships. He said ATN remains focused on operating discipline, execution, profitable growth, margin improvement, cash-flow generation and balance-sheet health. ATN International, Inc (NASDAQ: ATNI) is a diversified provider of telecommunications services that operates through a combination of wireless, wireline and broadband networks. Headquartered in Beverly, Massachusetts, the company offers a range of voice and data solutions to residential, commercial and wholesale customers. Its core offerings include long-distance voice services, fixed-line telephony, broadband internet access and network infrastructure solutions. Through its business segments, ATN delivers tailored communications products to underserved markets across the Caribbean, Latin America, parts of the Pacific and select rural regions of the United States. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "ATN International Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Investor releaseQuarter not tagged2026-08-06

ATN International, Inc. Q2 2026 Earnings Call Summary

Moby
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management attributes the 170-basis-point margin expansion to a rigorous focus on operating discipline and the early benefits of a shift toward profitable growth over pure volume. In Guyana, the company is leveraging a 'dynamic economic environment' fueled by oil and gas expansion to drive a migration from prepaid to postpaid mobile subscribers, while simultaneously replacing legacy broadband subscribers with fiber and fixed wireless services. The U.S. segment strategy is pivoting toward the residential market in Alaska, utilizing a combination of government-supported funding and targeted internal investment to replace legacy copper infrastructure. Strategic partnerships, such as the memorandum of understanding with Google in Bermuda, are being utilized to secure long-term infrastructure access and facilitate future subsea cable connectivity. The company is employing a 'flexible toolkit' approach to network expansion, deploying fiber in high-density areas while utilizing fixed wireless for more remote, lower-density regions to optimize capital efficiency. Management emphasizes that the recent U.S. tower portfolio sale has fundamentally reset the company's financial flexibility, providing significant liquidity for future optionality. Management reaffirmed 2026 adjusted EBITDA guidance of $183 million to $193 million, which accounts for the recurring $1 million monthly impact from lost tower rents and associated costs. The company is positioning itself to capitalize on approximately $150 million in BEAD funding expected to become available within its footprint starting in late 2026 through 2027. Future capital allocation will prioritize a balance between infrastructure modernization, such as the U.S. Virgin Islands fiber upgrade, and shareholder returns via the expanded $30 million share repurchase authorization. Subsequent closings of the remaining U.S. tower portfolio are expected over the next 10 months, potentially yielding an additional $30 million in proceeds. The strategic partnership with Google in Bermuda is expected to reach a critical milestone in the second half of 2027 when new subsea cables are scheduled to go live. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Ge…Read full document

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management attributes the 170-basis-point margin expansion to a rigorous focus on operating discipline and the early benefits of a shift toward profitable growth over pure volume. In Guyana, the company is leveraging a 'dynamic economic environment' fueled by oil and gas expansion to drive a migration from prepaid to postpaid mobile subscribers, while simultaneously replacing legacy broadband subscribers with fiber and fixed wireless services. The U.S. segment strategy is pivoting toward the residential market in Alaska, utilizing a combination of government-supported funding and targeted internal investment to replace legacy copper infrastructure. Strategic partnerships, such as the memorandum of understanding with Google in Bermuda, are being utilized to secure long-term infrastructure access and facilitate future subsea cable connectivity. The company is employing a 'flexible toolkit' approach to network expansion, deploying fiber in high-density areas while utilizing fixed wireless for more remote, lower-density regions to optimize capital efficiency. Management emphasizes that the recent U.S. tower portfolio sale has fundamentally reset the company's financial flexibility, providing significant liquidity for future optionality. Management reaffirmed 2026 adjusted EBITDA guidance of $183 million to $193 million, which accounts for the recurring $1 million monthly impact from lost tower rents and associated costs. The company is positioning itself to capitalize on approximately $150 million in BEAD funding expected to become available within its footprint starting in late 2026 through 2027. Future capital allocation will prioritize a balance between infrastructure modernization, such as the U.S. Virgin Islands fiber upgrade, and shareholder returns via the expanded $30 million share repurchase authorization. Subsequent closings of the remaining U.S. tower portfolio are expected over the next 10 months, potentially yielding an additional $30 million in proceeds. The strategic partnership with Google in Bermuda is expected to reach a critical milestone in the second half of 2027 when new subsea cables are scheduled to go live. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. The initial closing of the U.S. tower portfolio sale resulted in a $230 million gain and $268 million in cash proceeds, drastically reducing net leverage from 2.36x to 0.91x. An agreement was reached to sell certain spectrum licenses for up to $41 million, with the transaction not expected to finalize until 2027. The company noted the expiration of government support in the U.S. Virgin Islands at the end of 2025, which created a headwind for international segment revenue growth in the current period. Operating income was impacted by $6.3 million in transaction-related charges associated with the tower portfolio divestiture.

TranscriptFY2026 Q22026-08-06

FY2026 Q2 earnings call transcript

Earnings source - 21 paragraphs
Operator

Good day and thank you for standing by. Welcome to the ATN International Q2 2026 earnings conference call and webcast. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star one one again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Michele Satrowsky, Head of Investor Relations. Please go ahead.

Michele Satrowsky

Thank you operator. Good morning, everyone. I'm joined today by Naji Khoury, ATN's Chief Executive Officer, and Carlos Doglioli, ATN's Chief Financial Officer. This morning, we'll be reviewing our second quarter 2026 results and reaffirming our 2026 outlook. As a reminder, we announced our 2026 second quarter results yesterday after the market closed. Investors can find the earnings release and conference call slide presentation on our investor relations website. Our earnings release and the presentation contain certain forward-looking statements concerning our current expectations, objectives, underlying assumptions regarding our future operations. These statements are subject to risks and uncertainties, that could cause actual results to differ from those described. Also, in an effort to provide useful information for investors, our comments today include non-GAAP financial measures.

Michele Satrowsky

For details on these measures and reconciliations to comparable GAAP measures, for further information regarding the factors that may affect our future operating results, please refer to our earnings release on our website at ir.atni.com or the 8-K filing provided to the SEC. I would now like to turn the call over to Naji.

Naji Khoury

Thank you, Michele. Good morning, everyone. Before we turn to the slides, I would like to take a moment to share a high-level perspective after my first three months at ATN. During this time, I've had the opportunity to visit our markets, meet with team members, customers, stakeholders, and investors, spend meaningful time understanding the strength of our platform. What I have seen gives me a high degree of confidence in ATN's future. We have experienced management teams, capable operating organization, strong infrastructure assets, and customer relationships that have been built over many years. Like any other providers, we have room to improve and optimize our operations. Turning to slide three, our second quarter results demonstrate continued progress across the business. Our segments delivered positive revenue growth and Adjusted EBITDA growth while expanding Adjusted EBITDA margin by approximately 170 basis points year-over-year.

Naji Khoury

This follows a 200 basis point year-over-year margin improvement in the first quarter and reflects the early benefit of our focus on operating discipline, execution, and profitable growth. Other highlights from the quarter include the initial closing on the U.S. tower portfolio sale and the receipt of $268 million in cash, which has significantly increased our liquidity, financial flexibility, and optionality. In addition, we entered into an agreement to sell certain U.S. spectrum licenses for up to $41 million, with the transaction expected to close in 2027. Lastly, most recently, the board expanded our share repurchase authorization to $30 million, reflecting our confidence in the outlook for the business, the strength of our financial position, and our commitment to disciplined capital allocation to create shareholder value. Turning on to the international segment on slide four.

Naji Khoury

Across our international markets, we have a combination of stable operating platform and meaningful growth opportunities. Bermuda remains a stable and well-established market, while Guyana, the Cayman Islands, and the U.S. Virgin Islands offer attractive runways for continued fiber expansion, market share gain, and brand-led growth. In Guyana, we continue to see the benefits of a very dynamic economic environment. The country's oil and gas-driven expansion is supporting broader economic activity, we are beginning to see that translate into stronger demand for broadband services, improving penetration, and continued migration from prepaid to postpaid mobile subscribers. We are replacing legacy subscribers with fiber subscribers, and in more remote or lower density areas, we are using fixed wireless technology where it is the more efficient solution. The ability to deploy both fiber and fixed wireless gives us a flexible toolkit to serve customers and expand our addressable market.

Naji Khoury

We currently cover more than three-quarters of households with fiber. In the Cayman Islands, we continue to expand our fiber footprint, increase penetration, and gain share across both the consumer and enterprise markets. We have had several important enterprise wins recently, we are pleased with the team's execution. In the U.S. Virgin Islands, we operate an HFC network and are beginning the process of upgrading portions of that network to fiber. This is an important modernization opportunity, we will continue to take a disciplined approach as we evaluate the pace and economics of that transition. In Bermuda, we concluded a memorandum of understanding with Google to become a strategic partner to facilitate access to their new subsea cables in Bermuda, which are expected to go live in the second half of 2027. Now turning to slide five.

Naji Khoury

Our U.S. segment includes two distinct operating areas: Alaska and the Southwest, which includes New Mexico and the Four Corners region. These markets have different growth profiles, both are central to our strategy of modernizing infrastructure, expanding customer reach, and migrating customers from legacy networks to higher-speed technologies over time. Home pass growth in the U.S. segment is being driven by a combination of fiber deployment and fixed wireless technology. In both Alaska and New Mexico, we are also leveraging available government funding to further expand our footprint and bring high-speed connectivity to additional homes and businesses. I was recently in Alaska, the growth opportunity there is significant. The opportunity is centered on combining government-supported infrastructure funding with our own targeted investment to expand our reach and replace legacy copper infrastructure over time. We have already made meaningful progress, there is more work ahead.

Naji Khoury

As we previously announced, we have appointed a new CEO, Courtland Maddock, for Alaska, who will begin in September. Today, most of our Alaska revenue comes from carrier and business customers, which provide a stable foundation. Looking forward, we see the growth opportunity is primarily in the residential market, where continued network expansion, copper replacement, and stronger commercial execution should support higher penetration over time. Similar opportunities exist across our Southwest markets, including New Mexico and the Four Corners region. There, we remain focused on expanding our fiber footprint and improving penetration as the network grows. We are actively constructing fiber this year under the series of government grants, and we believe this investment will strengthen our competitive position, improve service quality, and support long-term customer growth.

Naji Khoury

Across both Alaska and the Southwest, we are particularly excited about the opportunities created by government broadband initiatives, including approximately $150 million BEAD funding available within our footprint later this year and into 2027. With our proven experience deploying and operating telecom infrastructure, we are well-positioned to capitalize on this program. We expect these funds to help reduce the cost of serving rural America while enabling fiber expansion to communities and businesses that have historically been uneconomical to reach, creating meaningful long-term growth opportunities. With that, let me turn it over to Carlos to discuss the financials.

Carlos Doglioli

Thank you, Naji. Good morning, everyone. Let me walk you through the second quarter 2026 results and review our full-year outlook. Turning to slide six. Total revenue for the second quarter was $184.5 million, an increase of 2% year-over-year. Excluding the impact of reduced construction revenues and the expected loss of the subsidy in the U.S. Virgin Islands, revenue growth was 3% year-over-year. During the quarter, we saw top-line growth in both of our business segments and across multiple product lines. I'll walk through the segment details in the next few slides. Operating income for the quarter was $240 million, which reflects a $230 million gain related to the initial closing of our U.S. tower portfolio sale. Excluding this gain and the associated transaction-related charges of $6.3 million, we delivered operating income of approximately $16.1 million for the quarter.

Carlos Doglioli

The $15.9 million improvement versus last year was driven by revenue growth, combined with lower expenses, including restructuring and reorganization, as well as depreciation and amortization. On the bottom line, we reported net income attributable to ATN stockholders of approximately $167 million, or $10.71 per share on a diluted basis, which includes the gain recorded on the U.S. tower portfolio sale. This compares to last year's second quarter loss of $7 million, or $0.56 per share. Adjusted EBITDA for the quarter was $49.7 million, up nearly 9% compared to the prior year period, with growth coming from both our international and U.S. segments. Total Adjusted EBITDA margin expanded to 27% in the quarter Reflecting the revenue growth and the benefits of our ongoing focus on operating efficiency. Let me turn now to segment performance, starting on slide seven.

Carlos Doglioli

In our international segment, we continued to deliver steady year-over-year revenue growth and margin expansion. Total revenue increased 1.4% to $96 million, while Adjusted EBITDA rose 6.6% to $35.5 million. The associated Adjusted EBITDA margin expanded by 180 basis points to 36.9%. Excluding the impact of the expected loss of government support in the U.S. Virgin Islands, which expired at the end of 2025, international revenue grew approximately 3%. We saw growth in most revenue categories, which, combined with our efforts to improve operating efficiencies throughout the business, allowed us to expand our Adjusted EBITDA margin. Now turning to slide eight. In our domestic segment, revenue was $88 million, up a little over 2% year-over-year. Growth in carrier services, together with higher fixed-business revenue, more than offset the decline in construction revenue during the quarter and the impact of the initial closing of the tower portfolio sale in June.

Carlos Doglioli

Excluding these two items, U.S. segment revenue increased 4% year-over-year, reflecting the continued strengthening of our core business. Adjusted EBITDA increased 4.5% year-over-year to $19 million, with margin expanding 50 basis points to 21.6%. The initial closing of the U.S. tower portfolio sale in early June resulted in reduced revenues of approximately half a million from lost tower rents. This, combined with a similar increase in costs, generated a net impact of approximately $1 million on Adjusted EBITDA. We expect a similar impact recurring in the remaining months of 2026, which is built into our outlook. Now turning to slide nine. Our liquidity and leverage at the end of the quarter benefited from the initial closing of the tower sale during June, which generated $268 million in cash proceeds.

Carlos Doglioli

As previously announced, we continue to expect subsequent closings to occur over the next 10 months, with the potential for up to an additional $30 million in proceeds from remaining sites deferred at the initial closing. We used $68 million of the cash received at the initial close to pay off the amounts outstanding in the CoBank revolver facility and ended the quarter with $332 million in cash equivalents, and restricted cash, an increase of $215 million from year-end. Total debt declined to $513 million, and our net leverage ratio improved to 0.91 times from 2.36 times at the end of 2025. The reduction in leverage was driven by the transaction proceeds as well as 4% growth in our trailing four-quarter Adjusted EBITDA. As a reminder, approximately two-thirds of our outstanding debt sits at the subsidiary level and is non-recourse to ATN parent.

Carlos Doglioli

For the first six months of the year, net cash from operating activities decreased by $6.3 million compared to the same period last year, primarily reflecting movements related to the tower sale. Turning to slide 10. Capital expenditures for the first six months of the year were $38.3 million, a $3.8 million decrease versus the same period last year. The reimbursable CapEx spend was $27 million versus $46 million last year, reflecting the variable timing of our government programs. As a reminder, our capital expenditure plans are managed on a full year basis, and while quarterly spending may fluctuate, we continue to expect capital expenditures for the year to remain within our guided range. Now turning to slide 11. During the quarter, we announced a 5.5% increase in our quarterly cash dividend to $0.29 per share.

Carlos Doglioli

In late July, our board authorized an expansion of the share repurchase program to $30 million. These actions underscore our confidence in the long-term outlook for the business and our continued commitment to returning capital to shareholders. Turning now to slide 12 for our outlook for 2026. We reaffirm our full year 2026 Adjusted EBITDA to be in the range of $183 million-$193 million, which includes the impact of the initial closing of the U.S. tower portfolio sale. We also expect capital expenditures, net of reimbursable spending, to remain in the range of $105 million-$115 million for the year. Overall, the organization delivered another quarter of solid execution and continued to make meaningful progress against our strategic priorities, which remain improving margins, expanding cash flow generation, and maintaining a healthy balance sheet.

Carlos Doglioli

With that financial overview, I will now turn the call to the operator to open it up for questions.

Operator

Thank you. At this time, we will conduct the question and answer session. As a reminder, to ask a question, you will need to press star one one on your telephone and wait for your name to be announced. To withdraw your question, please press star one one again. Please stand by while we compile the Q&A roster. I'm showing no questions at this time. I would now like to turn it back to Naji for closing remarks.

Naji Khoury

Thank you again for joining us today and for your continued interest in ATN. We look forward to connecting with many of you at upcoming conferences and to providing an update on our continued progress during our third quarter 2026 earning call in November. Thank you.

Operator

Thank you for your participation in today's conference. This does conclude the program. You may now disconnect.

Investor releaseQuarter not tagged2026-08-05

ATN International, Inc. Reports Second Quarter 2026 Results; Announces Increased Repurchase Authorization; and Reaffirms 2026 Outlook

GlobeNewswire
Delivers year-over-year revenue growth of 2% and Adjusted EBITDA1 growth of 9% Receives $268 million in cash at the initial closing of the US Tower Portfolio Sale4 Increases share repurchase authorization to $30 million BEVERLY, Mass., Aug. 05, 2026 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN,” the “Company,” “we,” “us,” and “our”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, today reported financial results for the second quarter ended June 30, 2026. ATN’s management will host a conference call and webcast tomorrow, August 6, 2026, beginning at 11:00 a.m. Eastern Time to review these results. “Our second quarter results demonstrate the continued strength and resilience of our business. We delivered growth in both total revenue and Adjusted EBITDA, with profitability outpacing sales growth, reflecting improving operating leverage,” said Naji Khoury, ATN’s Chief Executive Officer. “In my first several months, I have had the opportunity to visit our markets, meet with team members, customers, stakeholders, and investors, and spend meaningful time understanding the strength of our platform. We have experienced management teams, capable operating organizations, strong infrastructure assets and customer relationships that have been built over many years, which provide a solid foundation to further optimize our operations.” Mr. Khoury added, “During the quarter, we completed the initial closing of the sale of our US tower portfolio and entered into an agreement to sell certain US spectrum licenses, demonstrating our ability to unlock value from our infrastructure assets as the tower transaction multiple far exceeded our current trading multiple. Additionally, in June our Board increased both the quarterly cash dividend, and the Company’s share repurchase authorization, reflecting our confidence in the outlook for the business, the strength of our financial position, and our commitment to disciplined capital allocation to create long-term shareholder value.” Second Quarter 2026 Operating and Financial Highlights (as compared to the Second Quarter 2025) High-speed broadband homes passed expanded by 21% to 523,400, supported by fixed wireless deployments in the second half of 2025 Total high-speed broadband customers grew 1% to 140,900 Revenue increased 2% to $184.5 million, driven by growth in both the International…Read full document

Delivers year-over-year revenue growth of 2% and Adjusted EBITDA1 growth of 9% Receives $268 million in cash at the initial closing of the US Tower Portfolio Sale4 Increases share repurchase authorization to $30 million BEVERLY, Mass., Aug. 05, 2026 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN,” the “Company,” “we,” “us,” and “our”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, today reported financial results for the second quarter ended June 30, 2026. ATN’s management will host a conference call and webcast tomorrow, August 6, 2026, beginning at 11:00 a.m. Eastern Time to review these results. “Our second quarter results demonstrate the continued strength and resilience of our business. We delivered growth in both total revenue and Adjusted EBITDA, with profitability outpacing sales growth, reflecting improving operating leverage,” said Naji Khoury, ATN’s Chief Executive Officer. “In my first several months, I have had the opportunity to visit our markets, meet with team members, customers, stakeholders, and investors, and spend meaningful time understanding the strength of our platform. We have experienced management teams, capable operating organizations, strong infrastructure assets and customer relationships that have been built over many years, which provide a solid foundation to further optimize our operations.” Mr. Khoury added, “During the quarter, we completed the initial closing of the sale of our US tower portfolio and entered into an agreement to sell certain US spectrum licenses, demonstrating our ability to unlock value from our infrastructure assets as the tower transaction multiple far exceeded our current trading multiple. Additionally, in June our Board increased both the quarterly cash dividend, and the Company’s share repurchase authorization, reflecting our confidence in the outlook for the business, the strength of our financial position, and our commitment to disciplined capital allocation to create long-term shareholder value.” Second Quarter 2026 Operating and Financial Highlights (as compared to the Second Quarter 2025) High-speed broadband homes passed expanded by 21% to 523,400, supported by fixed wireless deployments in the second half of 2025 Total high-speed broadband customers grew 1% to 140,900 Revenue increased 2% to $184.5 million, driven by growth in both the International and US Telecom segments Operating income increased to $239.7 million, primarily due to a $229.9 million gain from the initial closing of the US Tower Portfolio Sale4 Net cash provided by operating activities decreased 11% to $53.5 million, reflecting movements in operating cash related to the US Tower Portfolio sale4 Adjusted EBITDA1 increased $4.0 million, or 9%, to $49.7 million and Adjusted EBITDA Margin1 improved from 25.3% to 27.0% Net Debt Ratio3 improved to 0.91x from 2.36x on December 31, 2025 Second Quarter 2026 Financial Results (as compared to the second quarter 2025) Consolidated revenues were $184.5 million, up $3.2 million, or 2% versus $181.3 million. The increase was primarily driven by carrier services revenues and market demand for fixed and other ancillary services, which offset year-over-year declines in fixed consumer revenues primarily related to the previously disclosed loss of a government subsidy, and lower construction revenues. Operating income was $239.7 million versus $0.2 million in the year-ago quarter. The increase reflects a $229.9 million gain recorded on the initial closing of the US Tower Portfolio Sale4, and the above-mentioned revenue growth as well as lower restructuring and reorganization and depreciation and amortization expenses. Net income attributable to ATN stockholders was $167.3 million, or $10.71 per diluted share, versus a net loss of $(7.0) million, or $(0.56) per share. Adjusted EBITDA1 was $49.7 million, up $4.0 million, or 9%, from $45.8 million in the year-ago quarter and Adjusted EBITDA Margin1 expanded to 27.0% from 25.3%. The increase was primarily driven by higher revenues and cost efficiencies. US Tower Portfolio Sale4 On June 2, 2026, the Company completed the initial closing of the sale of its southwestern US tower portfolio (the “US Tower Portfolio Sale”)4 to an affiliate of Everest Infrastructure Partners, Inc. and received $267.7 million in cash. The Company may receive up to an additional $29.6 million in cash consideration at subsequent closings expected to occur over the next ten months subject to the satisfaction or waiver of specified construction and operational conditions related to tower sites deferred at the initial closing. 2026 Full-Year Outlook: The Company reaffirms its previously updated financial outlook for full-year 2026, reflecting the impact of the initial closing of the US Tower Portfolio Sale4, as follows: Adjusted EBITDA2 is expected to be in the range of $183 million to $193 million Capital expenditures are expected to be in the range of $105 to $115 million (net of reimbursable expenditures) Segment Operating Results (in Thousands) The Company recorded financial results in three categories: (i) International Telecom; (ii) US Telecom; and (iii) Corporate and Other. * Corporate and Other refer to corporate overhead expenses and consolidating adjustments.** Excludes reimbursable government capital program amounts. Operating Metrics *High-Speed Broadband is defined as download speeds 100 Mbps or greater and High-Speed Broadband Customers as subscribers connected to our high-speed networks regardless of the speed of plan selected. Note: Data presented may differ from prior periods to reflect more accurate data and/or changes in calculation methodology and process. Balance Sheet and Cash Flow Highlights As of June 30, 2026, cash, cash equivalents, and restricted cash totaled $331.9 million versus $117.2 million as of December 31, 2025. Total debt was $513.3 million on June 30, 2026, compared to $565.2 million on December 31, 2025. The Company’s Net Debt Ratio3 was 0.91x on June 30, 2026. Net cash provided by operating activities was $53.5 million for the six months ended June 30, 2026, compared to net cash provided by operating activities of $59.8 million in the same period last year. The year-over-year decrease was primarily due to operating cash movements related to the US Tower Portfolio Sale4. Capital expenditures were $38.3 million, net of $27.0 million of reimbursable capital expenditures, for the six months ended June 30, 2026, as compared to $42.0 million, net of $45.9 million of reimbursable capital expenditures, in the same period last year. Quarterly Dividends and Share Repurchases On July 8, 2026, the Company paid a quarterly dividend of $0.29 per share, on all shares of common stock outstanding to stockholders of record as of June 30, 2026. The cash dividend represented a 5.5% increase from the previous quarterly dividend of $0.275 per share. The Company did not repurchase any outstanding shares under its $25 million share repurchase authorization (the “Repurchase Program”) during the second quarter, and as of June 30, 2026, there was $15 million available for repurchases under the Repurchase Program. On July 31, 2026, the Company’s Board of Directors approved a share repurchase authorization increase of $15 million authorizing the Company to repurchase up to $30 million in shares of its common stock in the aggregate under the Repurchase Program. 2026 Second Quarter Earnings Conference Call The Company will host a conference call at 11:00 a.m. Eastern Time on August 6, 2026, to discuss financial and operating results for the second quarter ended June 30, 2026. A live webcast of the conference call will be available via this webcast link: https://edge.media-server.com/mmc/p/dcmui7w9 Investors can listen to a live audio webcast of the conference call by either visiting the “Webcast Link” above or the "Events & Presentations" section of the Company’s Investor Relations website at https://ir.atni.com/events-and-presentations. A conference call replay will be available at the same locations beginning at approximately 1:00 p.m. Eastern Time that same day. The Company also will provide an investor presentation as a supplement to the call on the “Events & Presentations” section of its Investor Relations website. 1 EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures. Please see “Use of Non-GAAP Financial Measures” below for full definitions of EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin and see Table 5 for reconciliations of Operating Income to EBITDA and Operating Income to Adjusted EBITDA. 2 For the Company’s non-GAAP Adjusted EBITDA guidance, the Company is not able to provide without unreasonable effort the most directly comparable GAAP financial measures, or reconciliations to such GAAP financial measures, on a forward-looking basis. Please see “Use of Non-GAAP Financial Measures” below for a description of items excluded from the Company’s Adjusted EBITDA guidance. 3 Net Debt and Net Debt Ratio are non-GAAP financial measures. Please see “Use of Non-GAAP Financial Measures” below for full definitions of Net Debt and Net Debt Ratio and see Table 6 for the reconciliations of Total Debt to Net Debt. 4 As previously disclosed, on February 11, 2026, certain subsidiaries of the Company entered into that certain Purchase and Sale Agreement with EIP Holdings, IV, LLC, an affiliate of Everest Infrastructure Partners, Inc., to sell approximately 214 tower portfolio sites in the southwest US for up to $297 million in cash consideration (the “U.S. Tower Portfolio Sale”). About ATN ATN International, Inc. (Nasdaq: ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services operating in the United States and internationally, including the Caribbean region. The Company’s operating subsidiaries focus on rural and remote markets and primarily provide: (i) advanced wireless and wireline connectivity to residential, business, and government customers, including a range of high-speed Internet and data services, fixed and mobile wireless solutions, and video and voice services; and (ii) carrier and enterprise communications services. For more information, please visit www.atni.com. Use of Non-GAAP Financial Measures and Definition of Terms In addition to financial measures prepared in accordance with generally accepted accounting principles (“GAAP”), this press release also contains non-GAAP financial measures. Specifically, the Company has included EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Net Debt, and Net Debt Ratio in this release and the tables included herein. EBITDA is defined as Operating income (loss) before depreciation and amortization expense. Adjusted EBITDA is defined as Operating income (loss) before depreciation and amortization expense, transaction-related charges, restructuring and reorganization expenses, the loss on dispositions, transfers and contingent consideration, and non-cash stock-based compensation. Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by total revenue. Net Debt is defined as total debt less cash and cash equivalents and restricted cash. Net Debt Ratio is defined as Net Debt divided by the trailing four quarters ended total Adjusted EBITDA at the measurement date. The Company believes that the inclusion of these non-GAAP financial measures helps investors gain a meaningful understanding of the Company's core operating results and enhances the usefulness of comparing such performance with prior periods. Management uses these non-GAAP measures, in addition to GAAP financial measures, as the basis for measuring the Company’s core operating performance and comparing such performance to that of prior periods. The non-GAAP financial measures included in this press release are not meant to be considered superior to or a substitute for results of operations prepared in accordance with GAAP and should be used supplementally to the Company’s GAAP financial results. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are set forth in the text of, and the accompanying tables to, this press release. While non-GAAP financial measures are an important tool for financial and operational decision-making and for evaluating the Company’s own operating results over different periods of time, the Company urges investors to review the reconciliations of these financial measures to the comparable GAAP financial measures included below, and not to rely on any single financial measure to evaluate its business. Additionally, these non-GAAP financial measures may not be calculated in the same manner as similar measures presented by other companies. In addition, the forward-looking Adjusted EBITDA guidance for the full-year 2026 excludes potential charges or gains that may be recorded during the fiscal year, including among other things, restructuring and reorganization expenses, transaction-related expenses and gains or losses on dispositions, transfers and contingent consideration. The Company has not attempted to provide reconciliations of such forward-looking non-GAAP earnings guidance to the comparable GAAP measure, as permitted by Item 10(e)(1)(i)(B) of Regulation S-K, because of the impact and timing of these potential charges or gains is inherently uncertain and difficult to predict and is unavailable without reasonable efforts. In addition, the Company believes such reconciliations would imply a degree of precision and certainty that could be confusing to investors. Such items could have a substantial impact on GAAP measures of the Company’s financial performance. Cautionary Language Concerning Forward-Looking Statements This press release contains forward-looking statements relating to, among other matters, the Company’s future financial performance, business goals and objectives, and results of operations, its future revenues, operating income, cash flows, network and operating costs, Adjusted EBITDA, and capital investments; subsequent closings of the US Tower Portfolio Sale and the additional consideration related thereto and the timing thereof; the Company’s liquidity; and management’s plans and strategy for the future. These forward-looking statements are based on estimates, projections, beliefs, and assumptions and are not guarantees of future events or results. Actual future events and results could differ materially from the events and results indicated in these statements as a result of many factors, including, among others: (1) the general performance of the Company’s operations, including operating margins, revenues, capital expenditures, the impact of cost savings initiatives, and the retention of and future growth of the Company’s subscriber base and average revenue per user; (2) our ability to satisfy outstanding conditions to complete subsequent closings with respect to the US Tower Portfolio Sale; (3)  the timing, manner and extent to which proceeds from the US Tower Portfolio Sale are deployed may be affected by future market conditions, potential changes in tax laws and the Company's ability to develop corporate investment and strategic opportunities; (4) government regulation of the Company’s businesses, which may impact the Company’s telecommunications licenses, the Company’s revenue and the Company’s operating costs; (5) the impact (if any) of geopolitical instability and U.S. military presence in the Caribbean; (6) management transitions, and the loss of, or an inability to recruit skilled personnel in the Company’s various jurisdictions, including key members of management; (7) the Company’s reliance on a limited number of key suppliers and vendors for timely and cost-effective supply of equipment and services relating to the Company’s network infrastructure; (8) the Company’s ability to satisfy the needs and demands of the Company’s major carrier customers; (9) the Company’s ability to realize expansion plans for its fiber markets; (10) the adequacy and expansion capabilities of the Company’s network capacity and customer service system to support the Company’s customer growth; (11) the Company’s ability to efficiently and cost-effectively upgrade the Company’s networks and information technology platforms to address rapid and significant technological changes in the telecommunications industry; (12) the Company’s continued access to capital and credit markets on terms it deems favorable; (13) the Company’s ability to successfully replace revenue declines in its US Telecom businesses as a result of the pending US tower portfolio sale through carrier, enterprise broadband, and consumer-based broadband services; (14) ongoing risk of an economic downturn, political, geopolitical and other risks and opportunities impacting the Company’s operations, including those resulting from changes and uncertainties related to trade policies and tariff regulations, financial market volatility and disruption, uncertain economic conditions in the U.S. and abroad, inflationary concerns, and other macroeconomic headwinds including increased costs and supply chain disruptions; (15) the occurrence of weather events and natural catastrophes and the Company’s ability to secure the appropriate level of insurance coverage for these assets; and (16) increased competition. These and other additional factors that may cause actual future events and results to differ materially from the events and results indicated in the forward-looking statements above are set forth more fully under Item 1A “Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (“SEC”) on March 16, 2026, and the other reports the Company files from time to time with the SEC. The Company undertakes no obligation and has no intention to update these forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors that may affect such forward-looking statements, except as required by applicable law.

Investor releaseQuarter not tagged2026-08-05

ATN International: Q2 Earnings Snapshot

Associated Press

BEVERLY, Mass. (AP) — BEVERLY, Mass. (AP) — ATN International, Inc. (ATNI) on Wednesday reported second-quarter net income of $167.3 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Beverly, Massachusetts-based company said it had profit of $10.71. Losses, adjusted for non-recurring gains, were $4.10 per share. The provider of telecommunications services posted revenue of $184.5 million in the period. ATN International shares have risen slightly more than 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $24.01, an increase of 46% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATNI at https://www.zacks.com/ap/ATNI

Investor releaseQuarter not tagged2026-07-29

ATN International (ATNI) Reports Next Week: Wall Street Expects Earnings Growth

Zacks
The market expects ATN International (ATNI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This provider of telecommunications services is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of +150%. Revenues are expected to be $183.2 million, up 1.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 14.29% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's…Read full document

The market expects ATN International (ATNI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This provider of telecommunications services is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of +150%. Revenues are expected to be $183.2 million, up 1.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 14.29% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For ATN International, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #5. So, this combination makes it difficult to conclusively predict that ATN International will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that ATN International would post earnings of $0.12 per share when it actually produced a loss of -$0.18, delivering a surprise of -250.00%. Over the last four quarters, the company has beaten consensus EPS estimates just once. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. ATN International doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ATN International, Inc. (ATNI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-07-23

T-Mobile (TMUS) Beats Q2 Earnings and Revenue Estimates

Zacks
T-Mobile (TMUS) came out with quarterly earnings of $3.13 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.84 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +25.70%. A quarter ago, it was expected that this wireless carrier would post earnings of $2.06 per share when it actually produced earnings of $2.7, delivering a surprise of +31.07%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. T-Mobile, which belongs to the Zacks Wireless National industry, posted revenues of $22.79 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.21%. This compares to year-ago revenues of $21.13 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. T-Mobile shares have lost about 6% since the beginning of the year versus the S&P 500's gain of 9.6%. While T-Mobile has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for T-Mobile was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. I…Read full document

T-Mobile (TMUS) came out with quarterly earnings of $3.13 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.84 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +25.70%. A quarter ago, it was expected that this wireless carrier would post earnings of $2.06 per share when it actually produced earnings of $2.7, delivering a surprise of +31.07%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. T-Mobile, which belongs to the Zacks Wireless National industry, posted revenues of $22.79 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.21%. This compares to year-ago revenues of $21.13 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. T-Mobile shares have lost about 6% since the beginning of the year versus the S&P 500's gain of 9.6%. While T-Mobile has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for T-Mobile was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.87 on $23.19 billion in revenues for the coming quarter and $10.53 on $94 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless National is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, ATN International (ATNI), has yet to report results for the quarter ended June 2026. This provider of telecommunications services is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of +150%. The consensus EPS estimate for the quarter has been revised 14.3% lower over the last 30 days to the current level. ATN International's revenues are expected to be $183.2 million, up 1.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report T-Mobile US, Inc. (TMUS) : Free Stock Analysis Report ATN International, Inc. (ATNI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-07-23

ATN International to Host Second Quarter 2026 Financial Results Conference Call on August 6, 2026

GlobeNewswire

BEVERLY, Mass., July 23, 2026 (GLOBE NEWSWIRE) -- ATN International, Inc. (“ATN” or the “Company”) (Nasdaq: ATNI), a provider of digital infrastructure and communications services, announced today that it will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after market close. The Company will host a conference call to discuss the results starting at 11:00 a.m. Eastern time on Thursday, August 6, 2026. Key details regarding the call are as follows: Call Date: Thursday, August 6, 2026 Call Time: 11:00 a.m. ET Webcast Link: https://edge.media-server.com/mmc/p/dcmui7w9 Live Call Participant Link: https://register-conf.media-server.com/register/BIa1935bd69fea4f0b9efe9ec27a257d24 Webcast Link Instructions You can listen to a live audio webcast of the conference call by visiting the “Webcast Link” above or the "Events & Presentations" section of the Company's Investor Relations website at https://ir.atni.com/events-and-presentations. A replay of the conference call will be available at the same locations beginning at approximately 1:00 pm ET on the same day. The Company also will provide an investor presentation as a supplement to the call on the “Events & Presentations” section of its Investor Relations website. Live Call Participant Instructions To participate in the live call, you must register using the “Live Call Participant Link” above. Once registered, you will receive dial-in numbers and a unique PIN number. When you dial in, you will input your PIN and be routed into the call. If you register and forget your PIN, or lose the registration confirmation email, simply re-register to receive a new PIN. About ATNATN International, Inc. (Nasdaq: ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services operating in the United States and internationally, including the Caribbean region. The Company’s operating subsidiaries focus on rural and remote markets and primarily provide: (i) advanced wireless and wireline connectivity to residential, business, and government customers, including a range of high-speed Internet and data services, fixed and mobile wireless solutions, and video and voice services; and (ii) carrier and enterprise communications services. For more information, please visit www.atni.com.

Investor releaseQuarter not tagged2026-06-18

ATN International Announces 5.5% Increase in Its Quarterly Cash Dividend

GlobeNewswire

BEVERLY, Mass., June 18, 2026 (GLOBE NEWSWIRE) -- ATN International, Inc. (Nasdaq: ATNI) announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per share, representing a 5.5% increase from the previous quarterly dividend of $0.275 per share. The dividend will be payable on July 8, 2026, to stockholders of record as of June 30, 2026. “ATN has delivered a quarterly dividend to stockholders since 1999. This dividend increase reflects the strength of our business and our ongoing commitment to creating value and providing a steady return to stockholders,” said Naji Khoury, President and Chief Executive Officer of ATN International. About ATN ATN International, Inc. (Nasdaq: ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services in the United States and internationally, including the Caribbean region, with a focus on rural and remote markets with a growing demand for infrastructure investments. The Company’s operating subsidiaries today primarily provide: (i) advanced wireless and wireline connectivity to residential, business and government customers, including a range of high-speed Internet and data services, fixed and mobile wireless solutions, and video and voice services; and (ii) carrier and enterprise communications services, such as terrestrial and submarine fiber optic transport, and communications tower facilities. For more information, please visit www.atni.com. Source: ATN International, Inc.

Investor releaseQuarter not tagged2026-06-01

ATN (ATNI) Q1 2026 Earnings Call Transcript

Motley Fool
Image source: The Motley Fool. Thursday, May 7, 2026 at 10 a.m. ET Chief Executive Officer — Naji Khoury Chief Financial Officer — Carlos Doglioli Need a quote from a Motley Fool analyst? Email [email protected] Naji Khoury: Thank you, Michele. Good morning, and thank you for joining us today. It's a pleasure to be here. It's only been a few weeks since I joined, and I'm very excited about the opportunity. While I will not be providing a financial operational update on today's call, that will be covered by Carlos. I would like to share some initial observations from my early days in the role. Over the past several weeks, I've had the chance to spend time with our team across many of our markets and throughout the organization. I am encouraged by what I've seen so far, and it's evident to me that the organization has a solid operating foundation in place and meaningful business momentum to build upon. At the same time, I see further opportunities to simplify the way we operate, which I believe will help us optimize performance across each of our business and segments. I can say that we will remain focused on disciplined capital allocation and ensuring that our investments are aligned with long-term value creation. Now as it relates to our intended use of our proceeds from the sale of the tower portfolio, we continue to expect to use approximately $70 million of the initial proceeds to repay the outstanding balance of our revolving credit facility. This will allow us to maintain liquidity and financing flexibility. Beyond that, we're still evaluating our options for the remaining proceeds, which will include potential investments in existing operations as well as advancing select growth opportunities. I expect to provide more detail as appropriate in the months ahead. Throughout my many years in the telecom industry, I've seen firsthand that consistent operational and strategic execution is essential to create long-term value. It's early in my assessment process, and I will have more to share with you as we translate these early observations into more concrete plan. I am excited about the opportunity to build on the progress our teams have delivered so far. With that, let me now turn it over to Carlos to walk through the quarter and discuss the financials in more detail. Carlos Doglioli: Thank you, Naji, and good morning, everyone. Before I get started, I would like…Read full document

Image source: The Motley Fool. Thursday, May 7, 2026 at 10 a.m. ET Chief Executive Officer — Naji Khoury Chief Financial Officer — Carlos Doglioli Need a quote from a Motley Fool analyst? Email [email protected] Naji Khoury: Thank you, Michele. Good morning, and thank you for joining us today. It's a pleasure to be here. It's only been a few weeks since I joined, and I'm very excited about the opportunity. While I will not be providing a financial operational update on today's call, that will be covered by Carlos. I would like to share some initial observations from my early days in the role. Over the past several weeks, I've had the chance to spend time with our team across many of our markets and throughout the organization. I am encouraged by what I've seen so far, and it's evident to me that the organization has a solid operating foundation in place and meaningful business momentum to build upon. At the same time, I see further opportunities to simplify the way we operate, which I believe will help us optimize performance across each of our business and segments. I can say that we will remain focused on disciplined capital allocation and ensuring that our investments are aligned with long-term value creation. Now as it relates to our intended use of our proceeds from the sale of the tower portfolio, we continue to expect to use approximately $70 million of the initial proceeds to repay the outstanding balance of our revolving credit facility. This will allow us to maintain liquidity and financing flexibility. Beyond that, we're still evaluating our options for the remaining proceeds, which will include potential investments in existing operations as well as advancing select growth opportunities. I expect to provide more detail as appropriate in the months ahead. Throughout my many years in the telecom industry, I've seen firsthand that consistent operational and strategic execution is essential to create long-term value. It's early in my assessment process, and I will have more to share with you as we translate these early observations into more concrete plan. I am excited about the opportunity to build on the progress our teams have delivered so far. With that, let me now turn it over to Carlos to walk through the quarter and discuss the financials in more detail. Carlos Doglioli: Thank you, Naji, and good morning, everyone. Before I get started, I would like to thank our teams across all our markets as well as the broader organization for their continued commitment to building value as reflected on our first quarter performance. Turning now to our first quarter 2026 results. Overall, we are pleased with how the year started. We saw improved performance during the quarter across both our U.S. and international segments, with year-over-year growth in total revenue, operating income and adjusted EBITDA. Our base of high-speed broadband homes passed expanded year-over-year, largely due to a fixed wireless deployment in Alaska during the second half of 2025, and our high-speed subscribers expanded year-over-year, driven by improved penetration in our Guyana fiber network. Our mobility subscriber base was up slightly versus last year as we saw growth in postpaid subscribers, which offset slight declines in our prepaid subscribers related to billing system conversions. Total revenue for the quarter was $182 million, up nearly 2% from a year ago. Adjusting our base revenues to exclude construction and the impact of the previously announced loss of the high-cost support subsidy, core telecom revenues grew 3% year-over-year. The improvement was driven primarily by increases in business, carrier services and other ancillary revenues, which helped offset the expected subsidy-related decline. We delivered operating income of $11.7 million for the quarter, up $9 million versus last year. This improvement was largely driven by revenue growth, our ongoing cost management efforts and reduced depreciation and amortization expense. We incurred approximately $2 million of restructuring and reorganization expenses in the first quarter and expect to incur an additional $1 million to $2 million of these costs in the second quarter. As we previously stated, these actions are embedded in our adjusted EBITDA outlook. On the bottom line, we reported a net loss attributable to ATN stockholders of $3 million or $0.29 per share, an improvement of approximately $6 million compared to last year's first quarter loss of $9 million or $0.69 per share. Across both our international and U.S. segments, we achieved growth in the quarter, bringing total adjusted EBITDA to $49 million for the quarter, up 10% year-over-year. Total adjusted EBITDA margin improved 200 basis points to 26.7% compared to the prior year period. This improvement reflects our continued focus on cost discipline and margin expansion across the business. Let me turn now to segment performance. In our International segment, we continue to see steady top line growth and margin expansion. Total revenue increased 2% to $96 million, and adjusted EBITDA was $34 million, up 6% from the same period last year. The revenue increase reflects growth in carrier services and other ancillary revenues, combined with increases in business and postpaid consumer mobility subscribers, which offset the decline in prepaid mobility subs. Fixed consumer revenue declined year-over-year due to the anticipated end of the government support in the USDA. On a like-to-like basis, revenues grew 3% when normalizing the impact of the support revenue. Higher revenue combined with lower costs drove the increase in adjusted EBITDA and expanded the adjusted EBITDA margin by 140 basis points from 34.3% to 35.7% for the first quarter. In our Domestic segment, revenue was $86 million, up about 2% year-over-year. Adjusted EBITDA increased 11% in the quarter to $19 million. Higher carrier services revenue resulting from steady progress in some of our key projects, combined with an increase in fixed business revenues more than offset the absence of construction revenues in the quarter. Normalizing the impact of construction revenues, revenues were up 3% year-over-year. Higher revenue levels, combined with cost discipline drove the increase in profitability. Now turning to the balance sheet and cash flow. We ended the quarter with a total of $123 million in cash, cash equivalents and restricted cash, up $6 million from year-end. Total debt was $570 million, up $5 million from the end of 2025. Our net debt ratio improved to 2.3x from 2.36x at the end of 2025, benefiting from higher adjusted EBITDA. Approximately 3/4 of our outstanding debt sits at the subsidiary level and is nonrecourse to ATN parent. Net cash from operating activities decreased by approximately $6 million compared to Q1 last year, primarily driven by higher working capital requirements related to the timing of certain government program payments. First quarter capital expenditures were flat at $21 million versus the same period last year. Reimbursable CapEx spend declined to $14 million versus $22 million last year. It's worth noting that we manage our capital expenditures on an annual basis, and we expect spending to remain in line with our guided range for 2026. Turning now to our outlook for 2026. As a reminder, in February, we announced that our Comnet subsidiaries entered into an agreement to sell a portfolio of 214 towers and related operations in the Southwestern U.S. for up to $297 million. We remain on track for an initial closing in the second quarter with expected gross cash proceeds in the same range of $250 million to $270 million as initially communicated. Additional closings totaling $27 million to $47 million are anticipated over the following 12 months tied to construction and operational milestones. Excluding any impact from the tower transaction, we expect full year 2026 adjusted EBITDA to increase modestly from 2025 levels in the range of $190 million to $200 million. Following the initial tower sale close in the second quarter, we would expect a reduction in annual adjusted EBITDA of approximately $6 million to $8 million. We plan to reassess and update as appropriate, the 2026 full year outlook after the initial closing. We also expect capital expenditures net of reimbursable spending to remain in the range of $105 million to $115 million for the year. Overall, we experienced momentum and saw progress in the first quarter. Looking ahead, our financial priorities remain the same: improving margins, expanding cash flow generation and maintaining a healthy balance sheet. We're encouraged by our recent performance, and our 2026 outlook reflects the commitment towards those goals. With that, I'll turn the call back to Naji for closing comments before we open it up for questions. Naji Khoury: Thank you, Carlos. As you've heard, we started the year on a good note. And as stated at the beginning of the call, I am encouraged by the strength of our teams, the solid foundation across the business and the revenue and profitability gains in the quarter. I see clear opportunities to simplify how we operate, sharpen execution and continue to ensure disciplined capital allocation. I am confident our team will deliver on our priorities. My focus will be to translate these observations into concrete actions that support long-term value creation. With that, we'll now open the call for questions. Operator: [Operator Instructions] Our first question comes from the line of Greg Burns of Sidoti. Gregory Burns: Just in regards to your disclosures, why did you stop disclosing total broadband homes passed and subscribers? Carlos Doglioli: This is Carlos. Yes, we felt that it included a number of the legacy products that we were actively decommissioning. So we thought that kind of like focusing on the high-speed subs, which is where we're putting all the efforts and investment was more appropriate. Gregory Burns: Okay. And then in terms of monetization of all the investment you've made over the last couple of years in your network, what do you think has been the biggest bottleneck in terms of driving faster growth or adoption in some of your markets? Has it been like increased competition, has it been pricing pressure? Like why haven't you've been able to drive that kind of the stronger subscriber growth now that you've kind of moved past the investment phase and we're in the monetization phase, why hasn't that monetization been stronger? Carlos Doglioli: Yes. So look, we believe that there's been a good amount of monetization, Greg. When you look at the revenue trends, we've seen growth year-over-year. Certainly, there's been additional competition, especially on the mobility side of things. But we believe that things are tracking in the right direction. I don't know, Naji, if you want to add any comments. Naji Khoury: Greg, I think also we have to focus on migration from subscribers in our copper network as well. So there's a bit of execution on the ground, but everything indicates that we're heading in the right direction. So at this stage, I'm not worried about our ability to add subscribers to fiber network. Gregory Burns: Okay. And then any update around BEAD or other government subsidy programs, maybe the pipeline of opportunities there or the timing on awards that you've won, the timing of like build and monetization of the awards you've already won? Carlos Doglioli: Yes. I think we're working through some of the programs that we already had and that we talked about in previous calls, which are in the range of a couple of hundred million bucks. In addition to that, then we have the provisional awards of BEAD that are over -- around $140 million in total between the Southwest and Alaska, and we're very excited. We believe that those are good areas that we were awarded and that they will give us access to around 10,000 or so homes and obviously, whatever we're able to access on our way to some of those locations. So we're excited about that. Gregory Burns: Does your full year guidance for this year contemplate, I guess, the beginning of revenue monetization of some of these previous programs you've been awarded? And would BEAD be more of like a '27, '28 incremental opportunity? Carlos Doglioli: Yes. So BEAD is going to be more like the next -- the coming years. It's not going to have any significant impact or impact on 2026. We -- there's still a process to be completed before that gets going. So we'll see that in the future years. Operator: This concludes the question-and-answer session. I would now like to turn it back to Naji Khoury, Chief Executive Officer, for closing remarks. Naji Khoury: Thank you again for joining us today and for your questions. Our team looks forward to continuing the dialogue through upcoming conferences and in one-on-one meetings and updating you on our progress as we move through 2026. Thank you. Operator: Thank you for your participation in today's conference. This does conclude the program. You may now disconnect. Before you buy stock in ATN International, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and ATN International wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $463,900!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,294,401!* Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of June 1, 2026. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. ATN (ATNI) Q1 2026 Earnings Call Transcript was originally published by The Motley Fool

Investor releaseQuarter not tagged2026-05-07

ATN International: Q1 Earnings Snapshot

Associated Press

BEVERLY, Mass. (AP) — BEVERLY, Mass. (AP) — ATN International, Inc. (ATNI) on Wednesday reported a loss of $2.8 million in its first quarter. The Beverly, Massachusetts-based company said it had a loss of 29 cents per share. Losses, adjusted for restructuring costs, were 18 cents per share. The provider of telecommunications services posted revenue of $182.2 million in the period. ATN International shares have climbed 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $27.50, an increase of 66% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATNI at https://www.zacks.com/ap/ATNI

Investor releaseQuarter not tagged2026-05-07

ATN International Q1 Earnings Call Highlights

MarketBeat
Interested in ATN International, Inc.? Here are five stocks we like better. ATN reported Q1 revenue of $182 million (up ~2%) and Adjusted EBITDA of $49 million (up 10%) with margin expansion of 200 bps to 26.7%, while operating income rose to $11.7 million and net loss narrowed to $3 million (−$0.29 per share). The company expects to sell a Commnet portfolio of 214 towers for up to $297 million, with an initial Q2 closing to generate about $250–$270 million; ~$70 million of proceeds will repay the revolver and the transaction is expected to reduce annual Adjusted EBITDA by roughly $6–$8 million. New CEO Naji Khoury is focusing on simplifying operations and disciplined capital allocation, evaluating reinvestment of remaining tower-sale proceeds, and management noted provisional BEAD awards of about $140 million (covering ~10,000 homes) that are unlikely to materially affect 2026. ATN International: A Deep Value Play With a High-Powered Dividend ATN International (NASDAQ:ATNI) executives said the company began 2026 with improved performance across both its U.S. and international operations, posting year-over-year gains in revenue, operating income, and Adjusted EBITDA, while reiterating its full-year outlook and providing updates on a planned tower portfolio sale. Michele Satrowsky, Senior Vice President and Head of Investor Relations and Treasury, opened the call alongside ATN’s new Chief Executive Officer Naji Khoury and Chief Financial Officer Carlos Doglioli. → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Khoury, who said he joined only “a few weeks” prior to the call, did not provide a detailed operating update but shared initial observations from visiting teams across markets. He said he is “encouraged” by ATN’s operating foundation and “meaningful business momentum,” while also seeing opportunities “to simplify the way we operate,” which he believes can help optimize performance across segments. Khoury also emphasized disciplined capital allocation, including the company’s planned use of proceeds related to the sale of its power portfolio. He said ATN still expects to use approximately $70 million of initial proceeds to repay the outstanding balance on its revolving credit facility, which he said would help maintain liquidity and financing flexibility. For remaining proceeds, Khoury said the company is evaluating options that could inclu…Read full document

Interested in ATN International, Inc.? Here are five stocks we like better. ATN reported Q1 revenue of $182 million (up ~2%) and Adjusted EBITDA of $49 million (up 10%) with margin expansion of 200 bps to 26.7%, while operating income rose to $11.7 million and net loss narrowed to $3 million (−$0.29 per share). The company expects to sell a Commnet portfolio of 214 towers for up to $297 million, with an initial Q2 closing to generate about $250–$270 million; ~$70 million of proceeds will repay the revolver and the transaction is expected to reduce annual Adjusted EBITDA by roughly $6–$8 million. New CEO Naji Khoury is focusing on simplifying operations and disciplined capital allocation, evaluating reinvestment of remaining tower-sale proceeds, and management noted provisional BEAD awards of about $140 million (covering ~10,000 homes) that are unlikely to materially affect 2026. ATN International: A Deep Value Play With a High-Powered Dividend ATN International (NASDAQ:ATNI) executives said the company began 2026 with improved performance across both its U.S. and international operations, posting year-over-year gains in revenue, operating income, and Adjusted EBITDA, while reiterating its full-year outlook and providing updates on a planned tower portfolio sale. Michele Satrowsky, Senior Vice President and Head of Investor Relations and Treasury, opened the call alongside ATN’s new Chief Executive Officer Naji Khoury and Chief Financial Officer Carlos Doglioli. → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Khoury, who said he joined only “a few weeks” prior to the call, did not provide a detailed operating update but shared initial observations from visiting teams across markets. He said he is “encouraged” by ATN’s operating foundation and “meaningful business momentum,” while also seeing opportunities “to simplify the way we operate,” which he believes can help optimize performance across segments. Khoury also emphasized disciplined capital allocation, including the company’s planned use of proceeds related to the sale of its power portfolio. He said ATN still expects to use approximately $70 million of initial proceeds to repay the outstanding balance on its revolving credit facility, which he said would help maintain liquidity and financing flexibility. For remaining proceeds, Khoury said the company is evaluating options that could include investments in existing operations and select growth opportunities, with more detail expected in the months ahead. → A Prada Payday: Is AMC Back in Style? Doglioli said management was “pleased with how the year started,” citing improved performance across both operating segments. Total revenue for the first quarter was $182 million, up nearly 2% from a year earlier. Excluding construction revenue and the impact of a previously announced loss of a high-cost support subsidy, Doglioli said core telecom revenue increased 3% year over year, driven primarily by higher business, carrier services, and ancillary revenue that helped offset the subsidy-related decline. Operating income was $11.7 million, up $9 million versus the prior-year period. Doglioli attributed the improvement to revenue growth, cost management efforts, and reduced depreciation and amortization expense. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% The company reported a net loss attributable to ATN stockholders of $3 million, or $0.29 per share, improving from a net loss of $9 million, or $0.69 per share, in the year-ago quarter. Adjusted EBITDA totaled $49 million, up 10% year over year, and Adjusted EBITDA margin improved by 200 basis points to 26.7%. Doglioli said the margin expansion reflected ATN’s “continued focus on cost discipline and margin expansion.” Doglioli also noted restructuring and reorganization expenses of approximately $2 million in the first quarter, with an expected additional $1 million to $2 million in the second quarter. He said these actions are embedded in the company’s Adjusted EBITDA outlook. In the international segment, Doglioli said ATN delivered “steady top-line growth and margin expansion.” Revenue increased 2% to $96 million, while Adjusted EBITDA rose 6% to $34 million. The revenue increase reflected growth in carrier services and ancillary revenue, along with increases in business and postpaid consumer mobility subscribers, which Doglioli said offset declines in prepaid mobility subscribers. Fixed consumer revenue declined year over year due to the “anticipated end of the government support in the USVI,” he said. On a like-to-like basis, Doglioli said international segment revenue grew 3% after normalizing for the support revenue impact. Adjusted EBITDA margin in the segment increased 140 basis points to 35.7% from 34.3% in the prior-year period, which he attributed to higher revenue and lower costs. In the domestic segment, revenue was $86 million, up about 2% year over year. Adjusted EBITDA increased 11% to $19 million. Doglioli said higher carrier services revenue—driven by progress in key projects—along with increased fixed business revenue more than offset the absence of construction revenue in the quarter. Normalizing for construction, domestic segment revenues were up 3% year over year, he said. Doglioli also highlighted subscriber trends. ATN’s base of high-speed broadband homes passed expanded year over year, “largely due to a fixed wireless deployment in Alaska during the second half of 2025,” and high-speed subscribers increased year over year, driven by improved penetration in the company’s Guyana fiber network. Mobility subscribers were up slightly, with postpaid growth offsetting slight prepaid declines related to billing system conversions. ATN ended the quarter with $123 million in cash, cash equivalents, and restricted cash, up $6 million from year-end. Total debt was $570 million, up $5 million from the end of 2025. The net debt ratio improved to 2.3x from 2.36x, which Doglioli said benefited from higher Adjusted EBITDA. He added that approximately three-quarters of outstanding debt sits at the subsidiary level and is non-recourse to the ATN parent. Net cash from operating activities decreased by approximately $6 million compared to the first quarter of last year, primarily due to higher working capital needs related to the timing of certain government program payments, according to Doglioli. Capital expenditures were $21 million, flat year over year. Reimbursable capital expenditures declined to $14 million from $22 million a year earlier. Doglioli said ATN manages capital spending on an annual basis and expects capex to remain within the company’s guided range for 2026. Doglioli reiterated the company’s expectations for its planned Commnet tower sale. He reminded investors that ATN’s Commnet subsidiaries signed an agreement in February to sell a portfolio of 214 towers and related operations in the southwestern U.S. for up to $297 million. ATN remains on track for an initial closing in the second quarter with expected gross cash proceeds of $250 million to $270 million. Additional closings totaling $27 million to $47 million are anticipated over the following 12 months tied to construction and operational milestones. Excluding any impact from the tower transaction, ATN reiterated its expectation that full-year 2026 Adjusted EBITDA will increase modestly from 2025, in the range of $190 million to $200 million. Following the initial tower sale closing, Doglioli said ATN expects a reduction in annual Adjusted EBITDA of approximately $6 million to $8 million and plans to reassess and update its full-year outlook after the initial closing. ATN also reiterated its expectation for full-year 2026 capital expenditures, net of reimbursable spending, to be in the range of $105 million to $150 million. During the Q&A, Sidoti analyst Greg Burns asked why ATN stopped disclosing total broadband homes passed and subscribers. Doglioli said the prior metric included “legacy products” that the company is actively decommissioning, and management believes focusing on “high-speed” paths—where it is investing—is more appropriate. Burns also asked about the pace of monetization of ATN’s network investments. Doglioli said management believes monetization has been positive, pointing to year-over-year revenue growth, while noting “additional competition,” especially in mobility. Khoury added that ATN is also focused on migrating customers from its copper network and said he was “not worried” about the company’s ability to add fiber subscribers. Asked about BEAD and other government subsidy programs, Doglioli said ATN is working through programs previously discussed and referenced a range “of a couple hundred million bucks.” He also said the company has provisional BEAD awards of around $140 million in total between the Southwest and Alaska, which could provide access to around 10,000 homes, plus additional locations along routes to those areas. However, Doglioli said BEAD is expected to be more of an opportunity in coming years and is “not going to have any significant impact on 2026.” In closing remarks, Khoury said ATN started the year “on a good note” and reiterated his focus on simplifying operations, sharpening execution, and maintaining disciplined capital allocation to support long-term value creation. ATN International, Inc (NASDAQ: ATNI) is a diversified provider of telecommunications services that operates through a combination of wireless, wireline and broadband networks. Headquartered in Beverly, Massachusetts, the company offers a range of voice and data solutions to residential, commercial and wholesale customers. Its core offerings include long-distance voice services, fixed-line telephony, broadband internet access and network infrastructure solutions. Through its business segments, ATN delivers tailored communications products to underserved markets across the Caribbean, Latin America, parts of the Pacific and select rural regions of the United States. The article "ATN International Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for May 2026.

As of 2026-08-08 • Updated weeklySource: Earnings sourceIngestion runbook