Atlantic Tele-Network: Q2 Earnings Snapshot

BEVERLY, Mass. (AP) _ Atlantic Tele-Network Inc. (ATNI) on Wednesday reported a second-quarter loss of $525,000, after reporting a profit in the sa...

July 28, 2022
12:48 AM

BEVERLY, Mass. (AP) _ Atlantic Tele-Network Inc. (ATNI) on Wednesday reported a second-quarter loss of $525,000, after reporting a profit in the same period a year earlier. The Beverly, Massachusetts-based company said it had a loss of 11 cents per share. The provider of telecommunications services posted revenue of $179.5 million in the period. Atlantic Tele-Network shares have risen 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $47.36, a rise of almost 8% in the last 12 months.