ATN International (ATNI) Set to Announce Earnings on Wednesday

ATN International (NASDAQ:ATNI) is scheduled to be posting its quarterly earnings results 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.Individual that wish to listen to the company’s earnings conference call can do so using this link.

ATN International (NASDAQ:ATNI) last announced its quarterly earnings results on Wednesday, February 21st. The technology company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate 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 Stock Performance

NASDAQ ATNI opened at $28.07 on Tuesday. ATN International has a 1 year low of $26.68 and a 1 year high of $41.03. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.96 and a quick ratio of 0.89. The firm has a market cap of $434.52 million, a price-to-earnings ratio of -22.64 and a beta of 0.39. The company has a fifty day moving average price of $31.59 and a 200-day moving average price of $33.44.

ATN International Cuts Dividend

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

Analyst Upgrades and Downgrades

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

About ATN International

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.