ATN International, Inc. (ATNI) Market Cap
ATN International, Inc. has a market capitalization of $433.8M.
Financials based on reported quarter end 2025-12-31
Price: $28.23
▲ 0.00 (0.00%)
Market Cap: 433.83M
NASDAQ · time unavailable
CEO: Brad W. Martin
Sector: Communication Services
Industry: Telecommunications Services
IPO Date: 1991-11-14
Website: https://www.atni.com
ATN International, Inc. (ATNI) - Company Information
Market Cap: 433.83M · Sector: Communication Services
ATN International, Inc., through its subsidiaries, provides telecommunications services. It operates in three segments: International Telecom, US Telecom, and Renewable Energy. The International Telecom segment provides fixed data and voice; fixed, carrier, managed, and mobility services to customers in Bermuda, the Cayman Islands, Guyana, and the US Virgin Islands, as well as video services in Bermuda, the Cayman Islands, and the US Virgin Islands. This segment also offers mobile, data, and voice services to retail and business customers in Bermuda, Guyana, and US Virgin Islands under the One, GTT+, and Viya brands; roaming services; and handsets and accessories. The US Telecom segment provides carrier services, such as wholesale roaming services; fixed, mobility, carrier, and managed services to business and consumer; private network services to enterprise and consumer customers; and site maintenance services and international long-distance services, as well as leases critical network infrastructure, including towers and transport facilities. The Renewable Energy segment provides distributed generation solar power to commercial and industrial customers in India. As of December 31, 2021, it operated seven retail stores in the US Telecom segment and twenty-one retail stores in the International Telecom segment. The company was formerly known as Atlantic Tele-Network, Inc. and changed its name to ATN International, Inc. in June 2016. ATN International, Inc. was incorporated in 1987 and is headquartered in Beverly, Massachusetts.
Analyst Sentiment
Based on 0 ratings
Analyst 1Y Forecast: $0.00
Average target (based on 2 sources)
Consensus Price Target
Low
$22
Median
$22
High
$22
Average
$22
Downside: -22.1%
Price & Moving Averages
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Fundamentals Overview
📊 AI Financial Analysis
Powered by StockMarketInfo"ATNI reported a revenue of $184.22M for the year ending December 31, 2025, with a net income of -$3.30M, marking a challenging period in terms of profitability. Despite the losses, the company generated a positive free cash flow of $7.15M, indicating a capacity to fund operations and support future growth. The balance sheet reveals total assets of $1.67B against total liabilities of $1.03B, suggesting a reasonable debt position with a net debt of $576.8M. The stock has shown strong performance with a 25.78% increase over the past year, complemented by consistent dividend payments, though it remains critical to monitor overall profitability amidst ongoing operational challenges. With a market price of $27.37 and a consensus price target of $22, the market sentiment appears optimistic despite the negative earnings per share (EPS) of -$0.22."
Revenue Growth
Revenue of $184.22M shows resilience in growth despite broader profitability issues.
Profitability
Negative net income indicates profitability challenges that need addressing.
Cash Flow Quality
Positive free cash flow suggests good cash generation to support operational needs.
Leverage & Balance Sheet
Balance sheet appears healthy with total assets exceeding total liabilities.
Shareholder Returns
Strong stock price appreciation of 25.78% and consistent dividends enhance total returns.
Analyst Sentiment & Valuation
Current price exceeds the consensus price target, reflecting mixed analyst sentiment.
Disclaimer:This analysis is AI-generated for informational purposes only. Accuracy is not guaranteed and this does not constitute financial advice.
Management framed 2025 as a “turning point” with stronger adjusted EBITDA (+3% full-year to $190M) and improved operating income ($28.4M). However, the Q&A revealed that the broadband subscriber declines are not merely cyclical—they are tied to deliberate de-emphasis/shutdown of legacy copper and unprofitable Southwest consumer service, plus a decision not to compete at the consumer level. That means subscriber growth headwinds are partly intentional, with BEAD expected to reaccelerate high-speed growth in out-years (contributing in 2027 and beyond). On 2026, ATN guided adjusted EBITDA of $190M–$200M excluding tower-sale effects, but embedded multiple explicit headwinds: ~$5M from ending high-cost funding in U.S. Virgin Islands and a ~$6M–$8M reduction driven by tower-sale timing (Q2 initial closing expectation). The tone stayed confident on an unchanged managed-services model post-tower sale, but the analyst pressure focused on how “turning down” legacy services and tower divestment affect growth—areas where management’s answers confirm trade-offs rather than clean upside.
Growth Catalysts
- 25% increase in high-speed broadband homes passed driven primarily by Alaska fiber-fed fixed wireless deployments (Anchorage, Fairbanks, Juneau, Kenai Peninsula)
- Improved International network performance and service quality supporting stronger customer retention and higher data usage
- Subscriber acquisition progress in Alaska with >11% YoY improvement in high-speed data subscribers (from a small base)
Business Development
- Provisional BEAD awards and preliminary commitments totaling more than $150 million in key markets (New Mexico and Alaska)
- Pending sale of 214 Southwestern U.S. towers and related operations to an affiliate of Everest Infrastructure Partners for up to $297 million (all-cash); initial closing expected in 2026
Financial Highlights
- Q4 total revenue grew 2% to $184.2M (from $180.5M YoY)
- Q4 communication service revenues increased 3%; excluding construction and other revenues
- Q4 operating income increased to $15.7M (from $8.7M YoY)
- Q4 net loss attributable to stockholders: $3.3M or $0.32/share (vs net income $3.6M or $0.14 diluted/share in Q4 2024)
- Full-year revenues essentially flat at $728M (in line with expectations)
- Full-year operating income: $28.4M (vs operating loss of $0.8M in 2024)
- Adjusted EBITDA: Q4 $50.0M (+8% YoY); full-year $190.0M (+3% YoY)
- 2025 adjusted EBITDA expansion driven by cost management (SG&A reductions) and gains on asset dispositions
- 2026 guidance (ex-tower sale impact): adjusted EBITDA range $190M-$200M (modestly higher vs 2025)
- 2026 headwinds embedded: ~$5M related to conclusion of high-cost funding support for U.S. Virgin Islands market
- Additional tower-sale timing impact on 2026: reduction of ~$6M to $8M to annual adjusted EBITDA outlook (based on anticipated Q2 timing of initial closing)
- Q1 2026 seasonality: second half expected to deliver majority of annual results
- Restructuring/reorganization expenses expected: $3M to $4M in 1H 2026, mostly in Q1
Capital Funding
- Cash and equivalents + restricted cash: $117.2M at Dec 31, 2025 (vs $89.2M at end of 2024)
- Total debt: $565.2M (vs $557.4M at end of 2024); net debt ratio improved to 2.36x (from 2.54x)
- No share repurchases during Q4
- Pending tower sale proceeds: initial closing expected gross proceeds ~$250M-$270M; additional closings over next 12 months tied to construction/operational milestones; up to $297M total
Strategy & Ops
- Tower sale does not change core carrier managed services model: today ~half on third-party towers and ~half on owned towers; continuation business model remains with increased reliance on third-party towers
- Business shift away from legacy/subsidized and unprofitable consumer offerings in Southwest markets; shutting down legacy copper services in overbuilt areas and not rebuilding
- U.S. strategy: deepen carrier managed services as large carriers mature product offerings; pivot away from legacy subsidized consumer
- Go-to-market execution in Alaska: back-office platform investments to enhance customer interaction; new Alaska leadership team implemented over past couple of years; noted need for further work
Market Outlook
- 2026 adjusted EBITDA guidance (excluding impact from pending U.S. tower sale): $190M-$200M
- Expected tower-sale initial closing timing: 2026; guidance assumes reduction of ~$6M-$8M to 2026 adjusted EBITDA based on current expectations of Q2 initial closing
- BEAD contributions expected to begin contributing in 2027 and beyond
- BEAD investment approach: expect to invest ~10% to 15% of total project costs with own capital to meet financial return thresholds
- CapEx guidance for 2026: $105M-$115M net of reimbursable expenditures
Risks & Headwinds
- High-cost funding support conclusion for U.S. Virgin Islands market (embedded ~$5M headwind to 2026 adjusted EBITDA)
- Tower sale timing impacts 2026 adjusted EBITDA by ~$6M to ~$8M (based on anticipated Q2 initial closing)
- Broadband subscriber growth pressure partly due to deliberate shutdown of legacy services and non-competition at consumer level in certain Southwest markets (management states reductions include shutting down legacy copper and unprofitable areas)
- Need for further go-to-market improvement in Alaska despite progress (subscriber acquisitions improved in back half but from small base; emphasis that there is 'work to do')
- Competitive dynamics mentioned as 'heightened competitive dynamics in certain markets' impacting International
Sentiment: MIXED
Note: This summary was synthesized by AI from the ATNI Q4 2025 earnings transcript. Financial data is complex; please verify all metrics against official SEC filings before making investment decisions.