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Dec 31, 2021

ATN Q4 2021 Earnings Report

ATN delivered a strong quarter with strategic objectives aligned with long-term growth plans, completing the integration of Alaska Communications and advancing the domestic fiber-first platform strategy.

Key Takeaways

ATN International reported a strong fourth quarter, with a 52% increase in consolidated revenues to $187.6 million compared to the same period last year. The company reported an operating loss of $20.3 million and Adjusted EBITDA of $42.3 million. The increase in revenue and Adjusted EBITDA was mostly driven by the addition of Alaska Communications' results.

Completed the integration of Alaska Communications.

Brought digital connectivity to remote areas such as southwestern Alaska and northern Arizona.

Made important advances in domestic fiber-first platform strategy.

Achieved more than 50% topline growth year over year.

Total Revenue
$188M
Previous year: $124M
+51.6%
EPS
-$0.3
Previous year: -$1.29
-76.7%
Adjusted EBITDA
$42.3M
Previous year: $30.5M
+38.7%
Gross Profit
$98.9M
Previous year: $65.9M
+50.1%
Cash and Equivalents
$80.7M
Previous year: $104M
-22.3%
Free Cash Flow
-$2.39M
Previous year: -$9.97M
-76.0%
Total Assets
$1.61B
Previous year: $1.08B
+48.4%

ATN

ATN

ATN Revenue by Segment

Forward Guidance

The company plans to fully leverage its differentiated approach to connect more people around the world, including an increased level of investment in fiber networks and other digital infrastructure across U.S. and international markets. As a result of these investments, the company anticipates additional revenue growth opportunities, higher customer counts and strong market share.

Positive Outlook

  • Increased level of investment in fiber networks and other digital infrastructure.
  • Anticipate additional revenue growth opportunities.
  • Expect higher customer counts.
  • Expect strong market share.
  • Focus on meeting the growing demand for enhanced digital infrastructure.

Revenue & Expenses

Visualization of income flow from segment revenue to net income