ATN International (ATNI) Q3 2026 earnings summary

Executive summary

• Q3 revenue was $183.2M and Adjusted EBITDA was $50.0M, both essentially flat YoY; operating income rose 32% to $12.9M. Excluding the US Tower Portfolio Sale impact, communication services revenue grew 1% and Adjusted EBITDA 6%.

• Broadband homes passed increased 4% YoY, while high-speed broadband customers were relatively unchanged amid increased competition in some international markets.

Financial highlights

• Q3 revenue was $183.237M vs. $183.165M YoY; operating income was $12.941M vs. $9.830M, and net income attributable to stockholders was $18.641M vs. $4.343M.

• Diluted EPS rose to $1.09 from $0.18, reflecting higher operating income, lower interest expense and a greater tax benefit.

• Q3 Adjusted EBITDA was $49.973M vs. $49.937M; Adjusted EBITDA margin was 27.3% in both periods.

• Nine-month operating income was $264.4M vs. $12.7M, including a $229.7M gain on dispositions, transfers and contingent consideration in 2026; nine-month Adjusted EBITDA was $148.3M vs. $140.1M.

• Nine-month operating cash flow was $76.7M vs. $97.7M, primarily due to working-capital timing; capex was $66.4M net of $34.8M reimbursable expenditures.

Outlook and guidance

• FY2026 Adjusted EBITDA is expected at the high end of, or modestly above, the prior $183M–$193M range.

• FY2026 capex guidance remains $105M–$115M, net of reimbursable expenditures.

• Forward-looking Adjusted EBITDA excludes potential restructuring, transaction-related and disposition-related charges or gains; reconciliation to GAAP is unavailable without unreasonable effort.