Overview

* ATN Q2 revenue declines 1% to $181.3 mln, missing analyst expectations

* Adjusted EBITDA falls 6% but beats analyst estimates, per LSEG data

* Company reports net loss of $7.0 mln, impacted by subsidy wind-down

Outlook

* ATN expects 2025 revenue to match 2024's $725 mln, excluding construction

* Company anticipates 2025 Adjusted EBITDA to remain flat at $184 mln

* Capital expenditures for 2025 projected between $90 mln and $100 mln

* Net Debt Ratio expected to remain stable, slight improvement possible

Result Drivers

* SUBSIDY WIND-DOWN - Revenue decline attributed to the wind-down of subsidy programs and exit from legacy consumer solutions

* CONSTRUCTION REVENUE - Increase in construction revenue partially offset the decline in overall revenue

* COST STRUCTURE OPTIMIZATION - Efforts to optimize cost structure and enhance mobile networks internationally, per CEO Brad Martin

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $181.30 $184.70

Revenue mln mln (2

Analysts

)

Q2 Beat $45.80 $44.70

Adjusted mln mln (2

EBITDA Analysts

)

Q2 $200,000

Operatin

g Income

Analyst Coverage

* The one available analyst rating on the shares is "strong buy"

* The average consensus recommendation for the integrated telecommunications services peer group is "buy."

* Wall Street's median 12-month price target for ATN International Inc ( ATNI ) is $29.00, about 43% above its August 6 closing price of $16.52

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)