Atlantic Tele-Network, Inc. Reports Second Quarter and Six Month 2014 Results

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Go back to Atlantic Tele-Network, Inc. Reports Second Quarter and Six Month 2014 Results

Atlantic Tele-Network, Inc. (ATNI) Tops Q2 EPS by 27c

July 29, 2014 5:21 PM EDT

Atlantic Tele-Network, Inc. (NASDAQ: ATNI) reported Q2 EPS of $0.72, $0.27 better than the analyst estimate of $0.45. Revenue for the quarter came in at $83.3 million versus the consensus estimate of $69.95 million.

Second Quarter 2014 Operating Highlights

U.S. Wireless

U.S. wireless revenues primarily consist of voice and data revenues from the Company's wholesale roaming operations. Total revenues from the U.S. wireless business were $37.5 million in the second quarter of 2014, an increase of 41% from the $26.6 million reported in the second quarter of 2013. This strong revenue performance was driven by increased data traffic across the Company's expanded... More