NASDAQ$ATNI

ATN International Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

ATN reported a revenue decline and lower profitability in Q4 2024.

ATN's Q4 2024 revenue declined by 9% year-over-year to $180.5 million, mainly due to the expiration of subsidy programs and lower wholesale roaming revenue. The company reported a net income of $3.6 million, helped by an $8.9 million tax benefit. Adjusted EBITDA fell 9% to $46.2 million. Despite the revenue drop, operating income improved to $8.7 million due to cost reductions.

  • Q4 revenue declined 9% year-over-year to $180.5 million.
  • Net income was $3.6 million, supported by an $8.9 million tax benefit.
  • Adjusted EBITDA fell 9% to $46.2 million.
  • Operating income improved to $8.7 million due to cost reductions.

Headline financials

Total Revenue

$181M

Previous: $199M-9.3%
EPS (adj)

$0.14

Previous: -$0.03+566.7%
Broadband Homes Passed

800.9K

No prior period
Adjusted EBITDA

$46.2M

No prior period
HSD Homes Passed

412.6K

No prior period
HSD Customers

140.8K

No prior period
Broadband Customers

203.2K

No prior period
Fiber Route Miles

11.9K

No prior period
Intl Prepaid Subs

329.3K

No prior period
Intl Postpaid Subs

59.5K

No prior period
Intl Mobile Subs

388.8K

No prior period
Blended Churn

3.5%

No prior period
Capital Expenditures

$24.7M

No prior period
Net Income

$3.57M

Previous: -$5.8M+161.6%
Operating Income

$8.67M

Previous: $3.3M+162.8%

Revenue & EPS history

ATN · Revenue · Quarterly

$181M

Q4 2024-9.3%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

ATN · $167M total across 2 segments · Q3 2023

  • International Telecom
    $93.8M+4.2%
  • US Telecom
    $72.9M-20.9%

Forward guidance

ATN expects 2025 revenue to remain in line with 2024, excluding construction revenue. Adjusted EBITDA is projected to remain flat, while capital expenditures are expected to be between $90 million and $100 million.

Tailwinds

  • Revenue expected to remain stable in 2025, excluding construction revenue.
  • Adjusted EBITDA projected to be flat with the prior year.
  • Capital expenditures expected to decrease to $90-100 million.
  • International revenue anticipated to grow in low single digits.
  • Strategic transition towards carrier-managed solutions in US Telecom.

Headwinds

  • US Telecom revenue expected to decline due to transition from legacy services.
  • Margin expansion may be limited by operational restructuring costs.
  • Higher interest expenses could impact profitability.
  • Expected pressure on adjusted EBITDA from domestic segment restructuring.
  • Limited near-term revenue growth as subsidy programs end.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-1.3%

Avg return

Earnings day

-3.6%

Avg return

5 days after

-1.1%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+20.8%

Q2 2018

Best reaction

-31.7%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%-0.9%
Q4 2025-16.7%-18.0%-8.5%
Q3 2025-3.1%-6.7%+37.6%
Q1 2025-15.4%-6.3%-19.7%
Q4 2024+6.8%+20.7%+9.6%
Q3 2024-27.7%-35.0%-36.2%
Q2 2024+14.6%+18.9%+17.9%
Q1 2024-31.7%-30.0%-16.7%
Q4 2023-22.0%-1.9%-15.9%
Q3 2023-9.9%-12.9%-7.7%
Q2 2023-1.0%-1.1%-1.6%
Q1 2023-2.9%-5.8%-1.4%
Q4 2022-13.4%-11.5%-17.9%
Q3 2022+4.2%+11.7%+21.6%
Q2 2022-5.1%+0.4%+5.7%
Q1 2022+1.1%-1.8%+10.2%
Q4 2021+1.0%-2.9%+14.6%
Q3 2021-7.1%-5.0%-6.8%
Q2 2021-1.0%-2.8%+3.3%
Q1 2021-1.0%-4.2%-0.8%
Q4 2020-1.7%+6.1%+2.9%
Q3 2020+2.9%+5.7%+14.0%
Q2 2020+4.1%-1.6%+3.8%
Q1 2020-11.8%-20.4%-15.7%
Q4 2019+1.2%-2.2%-6.5%
Q3 2019+10.4%+10.0%-3.0%
Q2 2019+0.4%-1.4%-9.1%
Q1 2019+3.8%+0.7%+1.4%
Q4 2018-23.1%-26.8%-28.6%
Q3 2018+10.6%+10.8%+13.8%
Q2 2018+20.8%+17.5%+36.3%
Q1 2018-7.6%-20.0%-20.7%
Q4 2017+7.3%+12.3%+7.2%
Q3 2017+2.1%-1.4%+12.7%
Q2 2017-9.1%-10.8%-9.1%
Q1 2017-0.7%-6.1%-11.0%
Q4 2016-6.2%-10.0%-11.4%
Q3 2016+1.8%+2.6%+12.5%
Q2 2016-7.6%-9.3%-18.6%
Q1 2016-0.5%
Q4 2015-6.3%
Q3 2015-7.6%
Q2 2015-0.6%
Q1 2015-3.3%
Q4 2014+4.3%
Q3 2014+2.0%
Q2 2014+8.9%
Q1 2014-4.1%
Q4 2013-0.6%
Q3 2013-2.5%
Q2 2013-3.3%
Q1 2013+1.9%
Q4 2012+8.1%
Q3 2012+6.4%
Q2 2012+12.9%
Q1 2011-5.6%
Q1 2012+18.3%
Q4 2011+1.1%
Q4 2009+1.1%
Q3 2011-4.6%
Q3 2010-4.6%
Q4 2010+6.7%
Q2 2010+6.7%
Q2 2011+6.7%
Q1 2010+2.7%

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