ATN International (NASDAQ:ATNI) Releases Earnings Results, Beats Expectations By $0.52 EPS

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

ATN International Stock Up 1.9 %

Shares of ATN International stock traded up $0.32 on Tuesday, reaching $16.98. 72,502 shares of the company were exchanged, compared to its average volume of 71,553. The stock’s 50 day moving average price is $16.43 and its 200-day moving average price is $22.26. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.21 and a quick ratio of 1.15. ATN International has a 1-year low of $14.74 and a 1-year high of $34.00. The company has a market cap of $256.64 million, a P/E ratio of -6.24 and a beta of 0.63.

ATN International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date of this dividend was Tuesday, December 31st. ATN International’s dividend payout ratio is currently -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.