Atn Internationl Stock Price, News & Analysis

Alaska Communications has appointed Yasir Alvi as its new Chief Financial Officer, effective June 2, 2025. Alvi brings a diverse background, starting his career in software engineering at Microsoft, followed by 15 years in finance including roles at Morgan Stanley and Alaska Airlines. Most recently, he served as CFO at Guardian Security Systems, where he led finance and operations through significant growth.

A Princeton University graduate with honors in Computer Science and an MBA from Wharton School, Alvi's appointment comes as Alaska Communications, a leading broadband service provider, seeks to strengthen its market position. CEO Paul Fenaroli highlighted Alvi's expertise in collaboration, process improvement, and capital expense optimization as key factors in helping the company achieve its goal of becoming Alaska's provider of choice.

Alaska Communications (ATNI) has announced a strategic partnership with Slalom to deliver advanced managed cloud solutions for Alaska enterprises and government organizations. The collaboration will provide services through Amazon Web Services (AWS) and Microsoft platforms, focusing on three main areas: Planning and Migration, Automation and Innovation, and Optimization and Modernization.

The partnership leverages Slalom's expertise in artificial intelligence and data capabilities to help Alaskan companies enhance their operations and competitive advantage. This initiative addresses Alaska's challenging IT hiring market by providing specialized cloud management skills. The service aims to support various sectors, from oil and gas exploration to public education, through Alaska Communications' advanced fiber network combined with Slalom's cloud consulting expertise.

ATN International reported its Q1 2025 financial results, showing mixed performance with some operational growth despite revenue challenges. The company expanded high-speed broadband homes passed by 11% and grew total high-speed subscribers by 2%. However, revenues declined 4% to $179.3 million, with operating income decreasing to $2.7 million.

Key financial metrics include a net loss of $(8.9) million or $(0.69) per share, while Adjusted EBITDA increased 2% to $44.3 million. Net cash from operations showed strong improvement, increasing 55% to $35.9 million. Capital expenditures were $20.8 million after $22.4 million in reimbursements.

The company reaffirmed its 2025 outlook, expecting revenue (excluding construction) to align with 2024's $725 million and Adjusted EBITDA to remain flat with prior year's $184 million. Management maintains focus on monetizing recent strategic investments while implementing cost management initiatives.

ATN International (ATNI), a digital infrastructure and communications services provider, has scheduled its first quarter 2025 financial results announcement for April 30, 2025, after market close. The company will host a conference call to discuss the results on May 1, 2025, at 10:00 a.m. ET.

Investors can access the live audio webcast through the company's Investor Relations website or via the provided webcast link. A replay will be available approximately at 1:00 pm ET on the same day. The company will also provide an investor presentation as a supplement to the call.

ATN International (Nasdaq: ATNI) has announced its Board of Directors' declaration of a quarterly dividend of $0.24 per share. The dividend will be payable on April 7, 2025, to stockholders of record as of March 31, 2025. This dividend announcement demonstrates the company's continued commitment to providing regular returns to its shareholders.

Alaska Communications has launched new Small Business Bundles targeting the vast small business market, which comprises 99.9% of U.S. businesses. The bundles combine Unlimited Business Internet with scalable options for Microsoft 365 licenses and voice products.

Key features include:

• Single monthly billing regardless of selected add-ons
• Flexible month-to-month or three-year contract options
• One complimentary hour of help desk services for new bundle customers
• $300 installation fee waiver with three-year contract

The service aims to provide comprehensive IT and connectivity solutions, supported by Alaska-based help desk services, allowing small business owners to focus on business growth and work-life balance.

ATN International (ATNI) reported its Q4 and full-year 2024 results, showing mixed performance. Full-year revenue declined 4% to $729.1 million, while Q4 revenue dropped 9% to $180.5 million, primarily due to the conclusion of the Emergency Connectivity Fund program.

The company posted a Q4 net income of $3.6 million ($0.14 per share), benefiting from an $8.9 million tax benefit. However, full-year results showed a net loss of $26.4 million (-$2.10 per share), impacted by a $35.3 million goodwill impairment charge. Adjusted EBITDA decreased 9% to $46.2 million in Q4 and 3% to $184.1 million for the full year.

Notable operational highlights include a 3% growth in high-speed subscribers and a 16% expansion in high-speed broadband homes passed. For 2025, ATN expects revenue to remain in line with 2024 (excluding construction revenue), flat Adjusted EBITDA, and capital expenditures between $90-100 million.

ATN International (ATNI), a digital infrastructure and communications services provider, has scheduled its fourth quarter and full year 2024 financial results announcement for March 4, 2025, after market close. The company will host a conference call to discuss the results on March 5, 2025, at 10:00 a.m. ET.

Investors can access the live audio webcast through the company's Investor Relations website, and a replay will be available from approximately 1:00 pm ET on the same day. An investor presentation will also be provided as a supplement to the call.

Alaska Communications and Nenana Native Association are partnering to bring fiber broadband service to the Athabascan community of Nenana, Alaska. The project, funded by a Tribal Broadband Connectivity Program Round 2 grant from NTIA, will connect 362 households, 30 businesses, and 9 anchor institutions.

The initiative includes workforce development through Tanana Chiefs Conference, creating at least two apprenticeship positions during the two-year project term. Apprentices will receive telecommunications training through the NCTI program. Alaska Communications commits to offering consumer services at urban-area rates and participates in the FCC's Lifeline program for low-income consumers.

The service is expected to be available in early 2027, aiming to improve healthcare, education, and economic outcomes for the community.