ATN International Reports Q1 2025 Financial Results

Atn International, Inc. ( (ATNI) ) has released its Q1 earnings. Here is a breakdown of the information Atn International, Inc. presented to its investors.

ATN International, Inc. is a provider of digital infrastructure and communications services, operating primarily in rural and remote markets in the United States and internationally, with a focus on high-speed internet and data services.

In its first quarter of 2025, ATN International reported a 4% decline in revenues to $179.3 million compared to the previous year, alongside a net loss of $8.9 million. Despite these challenges, the company achieved a 2% increase in Adjusted EBITDA, reaching $44.3 million, and a significant 55% increase in net cash provided by operating activities.

Key highlights from the report include an 11% expansion in high-speed broadband homes passed and a 2% growth in total high-speed subscribers. The company also managed to reduce its capital expenditures significantly, from $36 million to $20.8 million, net of reimbursements. However, the decline in revenue was attributed to the wind-down of subsidy programs in the US Telecom segment.

Looking ahead, ATN International reaffirms its 2025 outlook, expecting revenue to remain in line with the previous year at $725 million, excluding construction revenue. The company anticipates maintaining a stable Adjusted EBITDA and capital expenditures within the range of $90 to $100 million, with a potential slight improvement in its Net Debt Ratio by the end of the year.