U.S. Markets close in 3 hrs 23 mins

Atlantic Tele-Network posts 1Q profit

BEVERLY, Mass. (AP) _ Atlantic Tele-Network Inc. (ATNI) on Wednesday reported first-quarter net income of $6.9 million.

The Beverly, Massachusetts-based company said it had net income of 42 cents per share.

The provider of telecommunications services posted revenue of $128.1 million in the period.

Atlantic Tele-Network shares have declined almost 9 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $73.13, an increase of 1 percent in the last 12 months.

_____

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

_____

Keywords: Atlantic Tele-Network, Earnings Report