ATN International Q2 Sales $183.281M Beat $182.389M Estimate
Portfolio Pulse from Benzinga Newsdesk
ATN International (NASDAQ:ATNI) reported Q2 sales of $183.281 million, beating the analyst consensus estimate of $182.389 million by 0.49%. However, this represents a 1.69% decrease from the same period last year.
July 24, 2024 | 8:36 pm
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ATN International reported Q2 sales of $183.281 million, surpassing the analyst estimate of $182.389 million by 0.49%. Despite this beat, sales decreased by 1.69% compared to the same period last year.
The slight beat on sales estimates is a positive indicator for ATNI, suggesting better-than-expected performance. However, the year-over-year decline in sales may temper investor enthusiasm. Overall, the short-term impact is likely positive due to the beat.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100