Business
ATN Reports Second Quarter 2025 Results; Reaffirms 2025 Outlook
Second Quarter 2025 vs. Second Quarter 2024 Financial Highlights Expanded high-speed broadband homes passed by 8%Grew total high-speed subscribers by 1%Second-quarter revenues declined 1% to $181.3 millionSecond quarter operating income decreased to $0.2 millionSecond quarter net loss was $(7.0) million, or $(0.56) per shareSecond quarter Adjusted EBITDA1 decreased 6% to $45.8 millionNet cash provided by operating activities for the year-to-date period increased 2% to $59.8 millionCapital expend
About this update from Atn International, Inc.
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(“ATN” or the “Company”) (Nasdaq: ATNI), a leading provider of digital infrastructure and communications services, today reported financial results for the second quarter ended June 30, 2025.","length":265,"tagName":"p"},{"type":"text","content":" Remarks by Brad Martin, ATN Chief Executive Officer ","length":51,"tagName":"p"},{"type":"text","content":"“Our second quarter results were in line with our expectations and reflect the steps we’re taking to optimize our cost structure and execute on our long-term strategy. Internationally, our segment results reflect our efforts to enhance our mobile networks and service quality to support higher data usage, grow our post-paid subscriber base and gain incremental operational efficiency. In the U.S., the wind-down of subsidy programs and our transition away from legacy consumer service technologies continues to impact year-over-year revenue performance. However, we are beginning to see sequential improvements as our focus on delivering best-in-class carrier and enterprise solutions and expanding the deployment of fiber and fiber-fed fixed-wireless in markets where we have durable consumer footholds, is generating positive traction.","length":838,"tagName":"p"},{"type":"text","content":"“Across the business, our focus on simplification, operational stability, and disciplined capital allocation is driving stronger cash generation. These improvements provide a solid foundation as we move into the second half of the year.” ","length":237,"tagName":"p"},{"type":"readMore"},{"type":"text","content":" Second Quarter 2025 Financial Results ","length":37,"tagName":"p"},{"type":"text","content":" Consolidated revenues were $181.3 million in the second quarter, down 1% versus $183.3 million in the year-ago quarter. This decrease primarily reflects the wind-down of subsidy programs and the exit from legacy consumer solutions partially offset by an increase in construction revenue during the quarter.","length":306,"tagName":"p"},{"type":"text","content":" Operating income was $0.2 million in the second quarter versus $24.3 million in the year-ago quarter. The year-ago quarter benefited from a net gain of $15.9 million from the disposition of assets versus the current year quarter loss of $2.7 million. Cost containment efforts resulted in a reduction in selling, general and administrative costs, which partially offset restructuring and reorganization expenses totaling $4.9 million in the current quarter.","length":456,"tagName":"p"},{"type":"text","content":" Net loss attributable to ATN stockholders in the second quarter of 2025 was $(7.0) million, or $(0.56) loss per share versus a net income attributable to ATN stockholders of $9.0 million, or $0.50 income per diluted share, in the year-ago quarter.","length":247,"tagName":"p"},{"type":"text","content":" Adjusted EBITDA 1 was $45.8 million in the second quarter of 2025, down 6% from $48.7 million in the year-ago quarter.","length":117,"tagName":"p"},{"type":"text","content":" Segment Operating Results (in Thousands) ","length":40,"tagName":"p"},{"type":"text","content":"The Company recorded financial results in three categories: (i) International Telecom; (ii) US Telecom; and (iii) Corporate and Other. 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