ATN International (ATNI) Set to Announce Earnings on Wednesday

ATN International (NASDAQ:ATNI) will be releasing its earnings data after the market closes on Wednesday, April 24th. Analysts expect ATN International to post earnings of ($0.08) per share for the quarter. ATN International has set its FY 2024 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

ATN International (NASDAQ:ATNI) last released its quarterly earnings results on Wednesday, February 21st. The technology company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.01). ATN International had a negative net margin of 1.91% and a negative return on equity of 0.92%. The business had revenue of $198.97 million during the quarter, compared to analyst estimates of $192.07 million. On average, analysts expect ATN International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ATN International Trading Down 0.9 %

ATNI stock opened at $28.07 on Tuesday. The company has a market capitalization of $434.52 million, a PE ratio of -22.64 and a beta of 0.39. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.89 and a current ratio of 0.96. ATN International has a 52 week low of $26.68 and a 52 week high of $41.03. The company’s 50-day simple moving average is $31.59 and its 200 day simple moving average is $33.44.

ATN International Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.21 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.84 dividend on an annualized basis and a yield of 2.99%. ATN International’s payout ratio is -77.42%.

Wall Street Analysts Forecast Growth

Separately, Raymond James upgraded shares of ATN International from an “outperform” rating to a “strong-buy” rating and increased their price objective for the stock from $39.00 to $40.00 in a research note on Friday, February 23rd.

ATN International Company Profile

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