ATN International (NASDAQ:ATNI) Announces Earnings Results

ATN International (NASDAQ:ATNI) announced its earnings results on Tuesday. The technology company reported $0.28 earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.52, Zacks reports. ATN International had a negative net margin of 4.79% and a positive return on equity of 0.52%.

ATN International Trading Up 1.9 %

Shares of NASDAQ ATNI traded up $0.32 during midday trading on Tuesday, hitting $16.98. The company’s stock had a trading volume of 72,102 shares, compared to its average volume of 100,226. ATN International has a 12-month low of $14.74 and a 12-month high of $36.12. The company has a current ratio of 1.21, a quick ratio of 1.15 and a debt-to-equity ratio of 0.95. The firm has a market cap of $256.64 million, a P/E ratio of -6.24 and a beta of 0.63. The business’s 50 day moving average is $16.43 and its two-hundred day moving average is $22.26.

ATN International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.24 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.96 annualized dividend and a dividend yield of 5.65%. ATN International’s dividend payout ratio (DPR) is presently -35.29%.

ATN International Company Profile

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.