Trade ATN International Inc - ATNI CFD

ATN Int Company profile

About ATN International Inc

ATN International, Inc. is engaged in investing and operating communications and technology businesses. The Company’s operating segments includes U.S. Telecom and International Telecom. The Company through its subsidiaries provides facilities-based communications services, along with related information technology solutions, in the United States, Bermuda, and the Caribbean. International Telecom segment offers fixed data, Internet and voice services as well as retail mobility services to customers in Bermuda, the Cayman Islands, Guyana and the United States Virgin Islands. It also offers services to other telecom providers, such as international long-distance, transport and access services, and roaming from such telecom providers customers traveling in its network service areas. US Telecom segment offers Carrier Services, including wholesale roaming services, the leasing of critical network infrastructure such as towers and transport facilities, and site maintenance.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, ATN International Inc revenues increased 32% to $602.7M. Net loss increased 57% to $22.1M. Revenues reflect U.S Telcom segment increase from $122.3M to $259.4M, International Telcom segment increase of 4% to $342.9M, U.S. segment increase from $122.3M to $259.4M, Guyana segment increase of 5% to $108.3M, US Virgin Islands segment increase of 4% to $94.3M.

Equity composition

Common Stock $.01 Par, 12/11, 50M auth., 15,955,886 issd., less 504,648 shs. in Treas. @ $4.9M. Insiders & Strategic holders own 37.19%. IPO: 11/91, 11,650,000 shares @ $10 by Kidder Peabody & Co., Inc. 04/06, 5-for-2 stock split. 3/97 changed exchanges from NASDAQ. 5/06, Exchange changed from AMEX to NASDAQ.