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ATN International Q2 revenue, adjusted EBITDA rise

ATN International Q2 revenue, adjusted EBITDA rise


Overview

  • US digital infrastructure provider's Q2 revenue rose 2% year-over-year

  • Adjusted EBITDA for Q2 grew 9% year-over-year, reflecting higher revenues and cost efficiencies

  • Company completed initial closing of US tower portfolio sale, received $268 mln in cash, and raised buyback authorization to $30 mln


Outlook

  • ATN reaffirms 2026 Adjusted EBITDA outlook of $183 mln to $193 mln

  • Company expects 2026 capital expenditures of $105 mln to $115 mln, net of reimbursable expenditures


Result Drivers

  • CARRIER SERVICES AND FIXED DEMAND - Co said revenue growth was driven by higher carrier services revenues and market demand for fixed and ancillary services

  • COST EFFICIENCIES - Adjusted EBITDA growth was supported by cost efficiencies, per co

  • US TOWER PORTFOLIO SALE - Co completed initial closing of US tower portfolio sale, contributing a $229.9 mln gain to operating income and affecting operating cash flows


Company press release: ID:nGNX8yNk0g


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$184.5 mln

$183.20 mln (1 Analyst)

Q2 Adjusted EBITDA

$49.7 mln

$45.30 mln (1 Analyst)

Q2 Operating Income

$239.7 mln


Analyst Coverage

  • Wall Street's median 12-month price target for ATN International Inc is $69.00, about 174.6% above its August 4 closing price of $25.13

  • The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 36 three months ago


Reuters Recommended Reads

  • Aug 3 - Wireless tower REIT SBA Communications' Q2 revenue beats estimates

  • Aug 4 - Lumen Q2 revenue falls less than expected

  • Aug 3 - EchoStar's satellite internet unit Hughes files for bankruptcy


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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