ATN International, Inc.
- Open
- 29.98
- Day high
- 30.50
- Day low
- 29.57
- Prev close
- 30.06
- Volume
- 79K
- Mkt cap
- $465M
- P/E (TTM)
- 2.9
- EPS (TTM)
- $10.45
- P/B
- 0.8
- P/S
- 0.6
- Yield
- 3.70%
- Per share
- $1.11
- ▼Insiders net selling -$3.5M over the last 3 months (0 open-market buys, 26 sales)
- 🏛Institutions accumulating (13F)
ATN International, Inc. (ATNI) is a Communication Services company listed on NASDAQ. The stock is up 87% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 26 sales (SEC Form 4).
ATN International, Inc. (ATNI) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
ATNI earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 6, 2026 | $0.12 | $10.77 | +8875.0% | $185M | +0.7% |
| May 7, 2026 | $0.12 | $-0.18 | -250.0% | $182M | -0.6% |
| Mar 5, 2026 | $0.03 | $0.03 | +0.0% | $184M | -0.0% |
| Nov 5, 2025 | $-0.06 | $0.18 | +400.0% | $183M | -0.2% |
| Aug 7, 2025 | $-0.07 | $-0.24 | -242.9% | $181M | -1.8% |
| Apr 30, 2025 | $-0.10 | $-0.57 | -470.0% | $179M | +0.3% |
| Mar 4, 2025 | $-0.24 | $0.28 | +216.7% | $181M | -0.1% |
| Jul 24, 2024 | $-0.26 | $0.50 | +292.3% | $183M | +0.0% |
| Feb 21, 2024 | $-0.11 | $-0.12 | -9.1% | $199M | +3.3% |
| Jul 26, 2023 | $-0.16 | $-0.03 | +81.3% | $186M | -4.9% |
| Feb 22, 2023 | $-0.04 | $-0.18 | -316.9% | $192M | +4.0% |
| Oct 26, 2022 | $-0.14 | $-0.25 | -78.6% | $182M | -0.8% |
ATNI insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 26, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 10,000 | $31.34 |
| Aug 21, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 500 | $31.25 |
| Aug 21, 2026 | Jacobs Patriciadirector | Sell | 1,000 | $31.14 |
| Aug 21, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 10,000 | $31.86 |
| Aug 19, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 5,745 | $31.79 |
| Aug 19, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 1,000 | $31.75 |
| Aug 17, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 2,500 | $32.05 |
| Aug 17, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 26 | $32.10 |
| Aug 12, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 500 | $33.25 |
| Aug 12, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 6,500 | $32.49 |
| Aug 11, 2026 | Mabey Maryofficer: SVP AND GENERAL COUNSEL | Sell | 5,000 | $32.13 |
| Aug 10, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 500 | $28.76 |
| Jul 1, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 1,000 | $27.86 |
| Jul 1, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 2,000 | $27.57 |
| Jul 1, 2026 | PRIOR CORNELIUS B JR10 percent owner | Sell | 500 | $27.75 |
Source: ATNI SEC Form 4 filings, latest Aug 26, 2026. For informational purposes only — not investment advice.
See the full ATNI insider & 13F page →ATN International, Inc. company profile
Overview
ATN International, Inc. (NASDAQ:ATNI) is a telecommunications services company that has been providing communications infrastructure and services since its incorporation in 1987. Originally known as Atlantic Tele-Network, Inc., the company rebranded to ATN International in 2016 to reflect its expanding global footprint. Headquartered in Beverly, Massachusetts, ATN operates telecommunications networks across underserved markets in the Caribbean, rural United States, and Alaska, focusing on bringing high-speed broadband and mobile services to communities that often lack adequate digital infrastructure.
Business
ATN International operates in the telecommunications services industry, providing essential communications infrastructure and services across three primary business segments. The company's core strategy centers on what it calls "Glass and Steel" - building fundamental digital infrastructure including fiber optic networks, cell towers, and data centers in underserved markets. The International Telecom segment represents approximately 50% of total revenue and provides comprehensive telecommunications services in Bermuda, the Cayman Islands, Guyana, and the US Virgin Islands. This segment offers fixed data and voice services, mobile services under brands like One, GTT+, and Viya, video services, and business solutions including managed services and carrier services. The segment operates retail stores and provides roaming services, handsets, and accessories to both consumer and business customers. The US Telecom segment also accounts for roughly 50% of revenue and focuses on serving rural and underserved areas across the continental United States and Alaska. This segment provides wholesale roaming services, fixed and mobile services to businesses and consumers, private network services, site maintenance, and international long-distance services. The company also leases critical network infrastructure including towers and transport facilities to other carriers. A key component is Alaska Communications, which serves Alaska's telecommunications needs. The Renewable Energy segment is a smaller operation that provides distributed generation solar power to commercial and industrial customers in India, though this represents a minor portion of overall business activity. ATN's business model follows a "First-to-Fiber" approach, where the company aims to be the first provider to bring high-speed fiber optic internet to underserved communities, often in geographically challenging locations where larger telecommunications companies find it uneconomical to operate.
Competitive moat
ATN International's competitive moat is moderately strong but faces emerging challenges. The company's primary moat stems from its geographic and regulatory advantages in serving underserved markets where larger telecommunications companies find it uneconomical to operate. In many of its Caribbean markets like Bermuda, Cayman Islands, and US Virgin Islands, ATN operates as the primary or dominant telecommunications provider, benefiting from natural barriers to entry including small market sizes, challenging geography, and regulatory requirements for local presence. The company's "First-to-Fiber" strategy creates temporary competitive advantages by establishing infrastructure in rural and remote areas before competitors arrive. Once fiber networks are installed, the high switching costs for customers and the substantial capital requirements for competitors to duplicate infrastructure provide some protection. ATN's relationships with local governments and regulatory bodies, built over decades of operation, also create barriers for new entrants. However, the moat faces significant competitive threats from technological disruption. Satellite internet services from companies like Starlink pose a direct challenge to ATN's terrestrial networks, potentially offering comparable speeds without requiring extensive ground infrastructure. Fixed wireless services from major carriers can also compete effectively in some markets. The company's US operations face particular pressure from larger telecommunications companies with greater resources and scale advantages. The strength of ATN's moat varies by market, being strongest in its established Caribbean territories where it has dominant market positions and regulatory relationships, but weaker in competitive US markets where it competes against well-funded national carriers. The company's ability to maintain its moat depends on continued investment in network upgrades, leveraging government funding programs, and potentially finding partnership opportunities with larger players rather than competing directly against them.
Risks & safety
ATN International presents a moderate margin of safety with mixed financial health indicators. The company operates in a capital-intensive industry with significant debt levels but maintains reasonable liquidity and cash generation capabilities. • Liquidity and Solvency: Current ratio of 1.16 indicates adequate short-term liquidity coverage. Cash and short-term investments of $83.4 million provide reasonable cushion. Free cash flow of $15.1 million in Q1 2025 shows positive cash generation, though this varies significantly by quarter. • Debt Burden: Debt-to-equity ratio of 1.47 indicates high leverage typical for telecommunications infrastructure companies. Net debt-to-EBITDA ratio around 2.3-2.6x is manageable but limits financial flexibility. Interest coverage appears adequate based on EBITDA levels. • Valuation Metrics: EV/EBITDA of 6.4x appears reasonable for a telecommunications company. Price-to-book ratio of 0.65 suggests the stock trades below book value, potentially indicating undervaluation or market concerns about asset quality. • Operational Concerns: Company reported $35 million goodwill impairment in Q3 2024, suggesting some asset overvaluation. Revenue has been relatively flat with some segments declining. The company faces ongoing challenges transitioning from legacy technologies to fiber-based services. • Positive Factors: Government grants of over $370 million provide significant support for capital expenditures. Recurring revenue nature of telecommunications services provides some stability. Management focus on reducing capital expenditures and improving cash flow generation.
Recent development
Over the past few years, ATN International has undergone significant strategic transformation focused on infrastructure modernization and market repositioning. The company completed a major three-year strategic investment program called "Glass and Steel," which substantially expanded its fiber optic network infrastructure. This initiative resulted in a 32% increase in fiber route miles, doubled the number of broadband homes passed, and increased high-speed capable customers by 44%. A key strategic pivot has been the transition from legacy telecommunications technologies to fiber-based and enterprise-focused services, particularly in the US segment. The company has been deliberately moving away from traditional voice services and legacy mobile operations toward higher-value data services, business solutions, and carrier services. This transition included launching the Brava business solutions brand and expanding business mobility services, which grew 40% in some quarters. ATN has successfully leveraged government funding programs, securing over $370 million in federal grants for fiber deployments. The company has been active in programs like the Broadband Equity, Access, and Deployment (BEAD) program and the Alternative Connect America Model Program, which provide substantial funding for network expansion in underserved areas. These grants significantly reduce the effective capital expenditure burden while accelerating network deployment. The company has also focused on operational efficiency improvements and cost management initiatives. Management implemented restructuring efforts in the US Telecom segment and has been working to reduce overall capital expenditures from the historically high levels during the major infrastructure investment period. The goal is to normalize capital expenditures to 10-15% of revenue after completing the current expansion phase. In international markets, ATN launched 5G networks in two markets and introduced unified branding such as "One communications" in Guyana. The company has been focusing on increasing average revenue per user (ARPU) by migrating customers to higher-value data plans and expanding business services offerings. Recent quarters have shown improved margins in the international segment as these initiatives take effect.
ATNI company profile · for informational purposes only — not investment advice.
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