ATN International (NASDAQ:ATNI) reported Q2 EPS of ($0.11), $0.05 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $179.5 million versus the consensus estimate of $180.15 million.
“We delivered solid revenues in the second quarter while at the same time managing a slight uptick in labor expenses and increased development costs as we continued to invest in advancing our long-term growth strategy,” said Michael Prior, Chief Executive Officer of ATN.