Logo

ATNI

ATN International, Inc.

ATNI

ATN International, Inc. • NASDAQ
$21.09 ▲ 0.86% (+0.18)
Market Cap $321.78 M
52w High $23.60
52w Low $13.76
Dividend Yield 1.03%
P/E -22.92
Volume 35.69K
Outstanding Shares 15.26M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $183.165M ▲ $94.399M ▼ $4.343M ▲ 2.371% ▲ $0.18 ▲ $44.659M ▲
Q2-2025 $181.3M ▲ $101.719M ▲ $-7.026M ▲ -3.875% ▲ $-0.56 ▲ $34.863M ▼
Q1-2025 $179.294M ▼ $96.902M ▲ $-8.928M ▼ -4.98% ▼ $-0.69 ▼ $36.124M ▼
Q4-2024 $180.548M ▲ $93.841M ▼ $3.571M ▲ 1.978% ▲ $0.14 ▲ $41.432M ▲
Q3-2024 $178.451M $137.631M $-32.691M -18.319% $-2.26 $500K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $106.558M ▲ $1.699B ▼ $1.051B ▼ $452.306M ▼
Q2-2025 $99.36M ▲ $1.707B ▼ $1.061B ▲ $458.719M ▼
Q1-2025 $83.847M ▲ $1.707B ▼ $1.049B ▼ $473.335M ▼
Q4-2024 $73.693M ▼ $1.727B ▼ $1.055B ▼ $489.493M ▼
Q3-2024 $100.999M $1.751B $1.082B $490.795M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $3.932M ▲ $37.846M ▲ $-20.5M ▼ $-11.021M ▼ $6.325M ▼ $18.937M ▲
Q2-2025 $-9.26M ▲ $23.938M ▼ $-20.496M ▲ $12.614M ▲ $16.056M ▲ $2.754M ▼
Q1-2025 $-11.387M ▼ $35.905M ▲ $-25.14M ▲ $-2.75M ▲ $8.015M ▲ $15.073M ▲
Q4-2024 $4.207M ▲ $30.49M ▼ $-37.392M ▼ $-20.618M ▼ $-27.52M ▼ $5.787M ▼
Q3-2024 $-39.45M $39.016M $-19.515M $24.01M $43.511M $15.174M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Carrier services
Carrier services
 $70.00M ▲$30.00M ▼$30.00M ▲$30.00M ▲
Communication services
Communication services
 $350.00M ▲$170.00M ▼$170.00M ▲$180.00M ▲
Construction
Construction
 $0 ▲$0 ▲$0 ▲$0 ▲
Fixed
Fixed
 $230.00M ▲$110.00M ▼$110.00M ▲$110.00M ▲
Fixed Business
Fixed Business
 $100.00M ▲$50.00M ▼$50.00M ▲$50.00M ▲
Fixed Consumer
Fixed Consumer
 $130.00M ▲$70.00M ▼$70.00M ▲$70.00M ▲
Managed Services
Managed Services
 $10.00M ▲$0 ▼$0 ▲$0 ▲
Mobility
Mobility
 $60.00M ▲$30.00M ▼$30.00M ▲$30.00M ▲
Mobility Business
Mobility Business
 $10.00M ▲$0 ▼$0 ▲$10.00M ▲
Mobility Consumer
Mobility Consumer
 $50.00M ▲$20.00M ▼$20.00M ▲$20.00M ▲
Other communication services
Other communication services
 $0 ▲$0 ▲$0 ▲$0 ▲
Other revenue
Other revenue
 $10.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement ATN has grown its revenue steadily over the past five years, but profits have not followed. The company consistently generates a solid level of gross profit from its services, which suggests the core operations create value once the network is in place. However, after accounting for operating costs, depreciation, interest, and other expenses, earnings at the bottom line remain negative. Operating results hover around breakeven, and net losses have persisted, recently becoming a bit larger again. In simple terms, the business is covering most of its day‑to‑day costs and producing healthy cash earnings before non‑cash charges, but it has not yet translated that into clear profitability for shareholders.

Balance Sheet

Balance Sheet The balance sheet shows a company that has invested heavily and used increasing amounts of debt to do so. Total assets have grown meaningfully over time, reflecting network build‑outs and infrastructure. At the same time, debt levels have risen substantially, while equity has gradually declined, indicating higher leverage and some erosion of book value. Cash on hand is modest relative to the size of the business. Overall, ATN appears asset‑rich but more heavily financed by borrowings than in the past, which adds financial risk but also reflects the capital‑intensive nature of its strategy.

Cash Flow

Cash Flow ATN’s cash flow picture is notably stronger than its accounting earnings. The business consistently generates positive cash from operations, and this has improved over the period, which is a key strength. The main drag has been large capital expenditures as the company builds and upgrades networks, leading to negative or slim free cash flow for several years. More recently, capital spending has begun to normalize, and free cash flow has just turned modestly positive again. This suggests a transition phase: moving from heavy investment toward a period where the existing network can start to throw off more excess cash, assuming performance holds up.

Competitive Edge

Competitive Edge ATN focuses on smaller, rural, and remote markets where many large telecom players are less active. In many of these areas, it is a leading or even the primary provider, which gives it a local stronghold and reduces direct head‑to‑head competition. The company’s experience operating in complex regulatory and geographic environments provides a practical advantage that is not easy for newcomers to replicate. Its mix of telecom and renewable energy adds diversification and some operational synergy, especially in regions with unreliable power. The main competitive risk is that larger carriers or new technologies could eventually target these markets more aggressively, but today ATN benefits from incumbency and local expertise.

Innovation and R&D

Innovation and R&D ATN’s innovation is less about cutting‑edge lab research and more about smart, practical deployment. It uses a blend of fiber, fixed wireless, and mobile technology to tailor networks to challenging geographies, and is rolling out 5G selectively where it can truly differentiate service quality. The “first‑to‑fiber” push in its territories aims to lock in a technological edge over older networks. On the operations side, automation tools are streamlining customer onboarding and back‑office work. In parallel, ATN is building out solar and other renewable projects, especially in island and emerging markets, which supports its telecom infrastructure and provides an additional business line. Future upside from this innovation depends on how well the company executes the fiber and enterprise strategy and expands its renewable portfolio without overextending its balance sheet.

Summary

ATN International is a niche telecom and renewable energy player with a clear focus on underserved markets. Financially, it has grown its top line and produces solid operational cash flow, but reported earnings remain in the red and leverage has climbed as it invested heavily in networks and energy assets. The recent shift toward lower capital spending and slightly positive free cash flow hints that the intense build‑out phase may be easing. Strategically, ATN’s strengths lie in its incumbency in difficult markets, its flexible technology mix, and its ability to work with local regulators and government programs. The main things to watch are its path to consistent profitability, its ability to monetize recently built infrastructure, and its management of higher debt levels while continuing to invest in fiber, enterprise services, and renewables. Uncertainty remains around competitive responses and regulatory changes, but the company is clearly positioned as a specialized operator in markets that many larger players have historically underserved.

NEWS

November 24, 2025 · 2:20 PM UTC

Alaska Communications Welcomes John Sims to Board of Directors

Read more

November 5, 2025 · 4:30 PM UTC

ATN Reports Third Quarter 2025 Results

Read more

October 22, 2025 · 2:00 PM UTC

ATN to Host Third Quarter 2025 Financial Results Conference Call on November 6, 2025

Read more

September 18, 2025 · 4:00 PM UTC

ATN Board Declares Quarterly Dividend

Read more