Atlantic Tele-Network: Q1 Earnings Snapshot

April 27, 2022 GMT

BEVERLY, Mass. (AP) _ Atlantic Tele-Network Inc. (ATNI) on Wednesday reported a first-quarter loss of $948,000, after reporting a profit in the same period a year earlier.

The Beverly, Massachusetts-based company said it had a loss of 13 cents per share.

The provider of telecommunications services posted revenue of $172 million in the period.

Atlantic Tele-Network shares have increased 1.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $40.55, a fall of 15% in the last 12 months.


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