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Atlantic Tele-Network posts 4Q profit

BEVERLY, Mass. (AP) _ Atlantic Tele-Network Inc. (ATNI) on Wednesday reported fourth-quarter profit of $2.3 million.

On a per-share basis, the Beverly, Massachusetts-based company said it had profit of 14 cents.

The provider of telecommunications services posted revenue of $128.5 million in the period.

For the year, the company reported profit of $12.5 million, or 77 cents per share. Revenue was reported as $457 million.

Atlantic Tele-Network shares have increased roughly 2 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $81.67, a rise of almost 5 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