ATN International Inc (ATNI) Q3 2024 Earnings Call Highlights: Navigating Challenges with ...

GuruFocus.com11-01

Total Revenue: $178.5 million, down 7% year-over-year. Operating Loss: $38.4 million, includes a $35.3 million goodwill impairment charge. Net Loss: $32.7 million or $2.26 per share. Adjusted EBITDA: ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nATN International Inc (ATNI) Q3 2024 Earnings Call Highlights: Navigating Challenges with ...\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-01 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/atn-international-inc-atni-q3-150202313.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Total Revenue: $178.5 million, down 7% year-over-year.\nOperating Loss: $38.4 million, includes a $35.3 million goodwill impairment charge.\nNet Loss: $32.7 million or $2.26 per share.\nAdjusted EBITDA: ...</p>\n\n<a href=\"https://finance.yahoo.com/news/atn-international-inc-atni-q3-150202313.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ATNI","symbol_name":"大西洋电讯","start_time":0,"source_url":"https://finance.yahoo.com/news/atn-international-inc-atni-q3-150202313.html","article_id":"2480833335","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/79rCQJeEkQepspm6pC9TZw--~B/aD0zNzk7dz0zNzk7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/68b66518645638ad529fa2d3d9a903b0"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480833335","pubTimestamp":1730473322,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Operating Loss: $38.4 million, includes a $35.3 million goodwill impairment charge.Net Loss: $32.7 million or $2.26 per share.International Segment Adjusted EBITDA: $32.2 million, up 17.3% year-over-year.Domestic Segment Revenue: $84.2 million, down 13% year-over-year.Domestic Segment Adjusted EBITDA: $17.7 million, down 34.1% year-over-year.Net Cash Provided by Operating Activities: $97.4 million for the first nine months of 2024.Capital Expenditures: $85.7 million net of $71.8 million reimbursable for the first nine months of 2024.Full Year Revenue Guidance: Revised to $720 million to $730 million.Full Year Adjusted EBITDA Guidance: Revised to $182 million to $188 million.Net Debt Ratio: 2.39 times, with total debt of $561 million.GuruFocus has detected 6 Warning Signs with ATNI.For the complete transcript of the earnings call, please refer to the full earnings call transcript.ATN International Inc  reported strong free cash flow from operations in Q3 2024.The international segment a","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ATNI":"大西洋电讯"},"translate_title":"ATN International Inc(ATNI)2024年第三季度收益看涨期权亮点：应对挑战……","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATNI":1},"content_text":"Total Revenue: $178.5 million, down 7% year-over-year.\nOperating Loss: $38.4 million, includes a $35.3 million goodwill impairment charge.\nNet Loss: $32.7 million or $2.26 per share.\nAdjusted EBITDA: $45.7 million, down 5% year-over-year.\nInternational Segment Revenue: $94.3 million, flat year-over-year.\nInternational Segment Adjusted EBITDA: $32.2 million, up 17.3% year-over-year.\nDomestic Segment Revenue: $84.2 million, down 13% year-over-year.\nDomestic Segment Adjusted EBITDA: $17.7 million, down 34.1% year-over-year.\nNet Cash Provided by Operating Activities: $97.4 million for the first nine months of 2024.\nCapital Expenditures: $85.7 million net of $71.8 million reimbursable for the first nine months of 2024.\nFull Year Revenue Guidance: Revised to $720 million to $730 million.\nFull Year Adjusted EBITDA Guidance: Revised to $182 million to $188 million.\nNet Debt Ratio: 2.39 times, with total debt of $561 million.\n\n\nWarning! GuruFocus has detected 6 Warning Signs with ATNI.\n\nRelease Date: October 30, 2024\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.\n Positive Points \n\nATN International Inc (NASDAQ:ATNI) reported strong free cash flow from operations in Q3 2024.\nThe international segment achieved double-digit growth in adjusted EBITDA, driven by effective cost management.\nATN International Inc (NASDAQ:ATNI) launched 5G in two international markets, contributing to improved subscriber quality and revenue growth.\nThe company is leveraging government funding, such as the B program, to support capital investments and enhance infrastructure.\nATN International Inc (NASDAQ:ATNI) is focused on optimizing value through cost efficiency initiatives and strategic asset management.\n\n Negative Points \n\nThe US operations underperformed, with lower levels of nonplanned prepaid consumer mobility sales and slower consumer sales execution.\nATN International Inc (NASDAQ:ATNI) reported a non-cash $35 million goodwill impairment charge due to market dynamics and compression in market multiples.\nRevenue was down 7% year-over-year, primarily due to the conclusion of government programs and a reduction in construction revenues.\nThe company faced challenges in Alaska, with expected revenue pipelines not materializing as projected.\nATN International Inc (NASDAQ:ATNI) had to adjust its full-year financial outlook due to these challenges, reflecting lower revenue and adjusted EBITDA expectations.\n\n Q & A Highlights \nQ: Can you elaborate on the restructuring efforts in the US Telecom segment and the expected timeline for seeing benefits? A: Carlos Doglioli, CFO: Some restructuring efforts are already reflected in the numbers, with benefits expected to be more visible in 2025 and beyond. These efforts include cost management and organizational changes aimed at improving margins and cash flow.\nQ: How are you approaching the spectrum assets in light of recent market transactions? A: Brad Martin, CEO: Spectrum is a key asset, and we are always looking at opportunities to optimize its value. We are currently using spectrum for certain services, but as we de-emphasize some areas, we will continue to evaluate how to best leverage these assets.\nQ: What is the current status of construction revenues and expectations for 2025? A: Carlos Doglioli, CFO: We have approximately $8 million of remaining construction revenues, with most expected to come in 2025 due to timing impacts from equipment choices and other factors.\nQ: Can you discuss the changes in sales leadership and their objectives? A: Brad Martin, CEO: We have brought in new leadership to enhance enterprise and carrier sales, focusing on improving pipeline management and execution in a mature market. The goal is to drive discipline and improve delivery and conversion rates.\nQ: How do you view the competitive landscape in Alaska for enterprise customers? A: Brad Martin, CEO: We believe the market dynamics in Alaska are favorable, with strong assets and relationships. The challenges have been more about execution and delivery delays rather than market saturation.\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480833335"}