Atlantic Tele-network Stock Earnings Reports

ATN International started 2026 with modest revenue and margin improvement across both U.S. and international segments. Q1 revenue was $182 million, up ~2% year-over-year, with adjusted EBITDA of $49 million, up 10% and a margin of 26.7% (up 200 bps). Operating income improved materially to $11.7 million; net loss attributable to ATN was $3 million ($0.29 per share), an improvement versus prior year. The company continues to emphasize cost discipline, margin expansion and disciplined capital allocation. Management expects full-year 2026 adjusted EBITDA (excluding tower transaction impact) to be modestly higher than 2025 in the range of $190M–$200M; following the initial tower sale close (expected Q2) annual adjusted EBITDA is anticipated to reduce by ~$6M–$8M. The Comnet tower portfolio sale is on track for an initial closing in Q2 with expected gross proceeds ~$250M–$270M (total up to $297M including future earn-outs/milestones). ATN ended Q1 with $123M cash and $570M total debt (net debt ~2.3x), and plans to use roughly $70M of initial tower proceeds to repay its revolver. 2026 capex net of reimbursables is guided to $105M–$115M. Management noted ~$2M of Q1 restructuring costs with an additional $1M–$2M expected in Q2 (embedded in adjusted EBITDA outlook). BEAD and other government-subsidy opportunities exist but are expected to materialize beyond 2026, with BEAD-related monetization nearer 2027–2028. New CEO Naji Khoury (recently appointed) highlighted operational simplification and disciplined capital allocation as priorities.