Atn reports first quarter 2025 results; reaffirms 2025 outlook
First quarter 2025 vs. first quarter 2024 financial highlights expanded high-speed broadband homes passed by 11% grew total high-speed subscribers by 2% revenues declined 4% to $179.3 million operating income decreased to $2.7 million net loss was $(8.9) million, or $(0.69) per share adjusted ebitda1 increased 2% to $44.3 million net cash provided by operating activities increased 55% to $35.9 million capital expenditures were $20.8 million (net of $22.4 million reimbursements) net debt ratio3 was 2.52x on march 31, 2025 reaffirmed outlook for full year 2025 revenue, excluding construction revenue, is expected to be in line with last year's result of $725 million adjusted ebitda2 is expected to be essentially flat with the prior year result of $184 million capital expenditures are expected to be in the range of $90 to $100 million (net of reimbursements) net debt ratio3 is expected to remain flat, with a slight potential improvement exiting 2025 compared with 2.54x at the end of 2024 earnings conference call thursday, may 1, 2025, at 10:00 a.m.
ATNI Ratings Summary
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