ATN reaffirms 2026 Adjusted EBITDA outlook of $183 mln to $193 mln
Company expects 2026 capital expenditures of $105 mln to $115 mln, net of reimbursable expenditures
Overview
US digital infrastructure provider's Q2 revenue rose 2% year-over-year
Adjusted EBITDA for Q2 grew 9% year-over-year, reflecting higher revenues and cost efficiencies
Company completed initial closing of US tower portfolio sale, received $268 mln in cash, and raised buyback authorization to $30 mln
Result drivers and key details
Carrier services and fixed demand - Co said revenue growth was driven by higher carrier services revenues and market demand for fixed and ancillary services
Cost efficiencies - Adjusted EBITDA growth was supported by cost efficiencies, per co
US tower portfolio sale - Co completed initial closing of US tower portfolio sale, contributing a $229.9 mln gain to operating income and affecting operating cash flows
Wall Street's median 12-month price target for ATN International Inc is $69.00, about 174.6% above its August 4 closing price of $25.13. The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 36 three months ago.
ATNI•
