ATN International (ATNI) Scheduled to Post Quarterly Earnings on Tuesday

ATN International (NASDAQ:ATNI - Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter. ATN International has set its FY 2024 guidance at EPS.Individual that are interested in registering for the company's earnings conference call can do so using this link.

ATN International (NASDAQ:ATNI - Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The technology company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.26) by $0.76. The business had revenue of $183.28 million during the quarter, compared to analysts' expectations of $182.39 million. ATN International had a positive return on equity of 0.12% and a negative net margin of 0.89%. During the same period in the previous year, the business posted ($0.03) earnings per share. 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 Price Performance

ATNI traded down $0.44 during midday trading on Tuesday, hitting $31.45. The company had a trading volume of 34,099 shares, compared to its average volume of 109,675. ATN International has a twelve month low of $18.20 and a twelve month high of $39.88. The company has a market capitalization of $481.72 million, a PE ratio of -24.16, a P/E/G ratio of 35.86 and a beta of 0.57. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.04 and a current ratio of 1.10. The firm's 50-day simple moving average is $29.33 and its 200-day simple moving average is $25.92.

ATN International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Monday, September 30th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend was Monday, September 30th. ATN International's dividend payout ratio is currently -73.85%.

Analyst Ratings Changes

A number of research analysts have commented on ATNI shares. StockNews.com upgraded ATN International from a "hold" rating to a "buy" rating in a research report on Thursday, September 5th. BWS Financial reiterated a "buy" rating and issued a $30.00 price objective on shares of ATN International in a research report on Friday, July 26th.

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.