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Atlantic Tele-Network: 1Q Earnings Snapshot

BEVERLY, Mass. (AP) _ Atlantic Tele-Network Inc. (ATNI) on Wednesday reported a loss of $1.6 million in its first quarter.

On a per-share basis, the Beverly, Massachusetts-based company said it had a loss of 10 cents.

The provider of telecommunications services posted revenue of $103.3 million in the period.

Atlantic Tele-Network shares have dropped 16 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $60.40, a decrease of roughly 9 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATNI at https://www.zacks.com/ap/ATNI