ATN International Q1 Sales $186.794M Miss $191.250M Estimate
Portfolio Pulse from Benzinga Newsdesk
ATN International (NASDAQ:ATNI) reported Q1 sales of $186.794M, missing the consensus estimate of $191.250M by 2.33%, but marking a 0.55% increase from the previous year.

April 24, 2024 | 8:32 pm
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NEGATIVE IMPACT
ATN International reported Q1 sales of $186.794M, missing estimates by 2.33% but showing a slight increase from last year.
Missing the consensus sales estimates could lead to negative investor sentiment in the short term, potentially impacting ATNI's stock price negatively. However, the slight year-over-year growth indicates some positive momentum, which might mitigate the negative impact to some extent.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100