ATN International, Inc. (NASDAQ:ATNI) Q2 2020 Earnings Conference Call - Final Transcript

Jul 30, 2020 • 11:30 am ET

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ATN International, Inc. (NASDAQ:ATNI) Q2 2020 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Good afternoon, ladies and gentlemen, and welcome to the ATN International Q2 2020s Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Mr. Justin Benincasa. Chief Financial Officer. Please go ahead, sir.

Executive
Justin D. Benincasa

Thank you, operator. Good morning, everyone, and thank you for joining us on today's call to review our second quarter 2020 Results. With me here is Michael Prior ATN's, Chief Executive Officer. During the call, I'll cover the relevant financial information and Michael will provide an update on the business and outlook.

And before I turn the call over to Michael for his comments. I'd like to point out that the call and our press release contain forward-looking statements concerning our current expectations, objectives and underlying assumptions regarding our future operating results and are subject to risks and uncertainties that could cause actual results to differ materially from those described. Also in an effort to provide useful information to investors, our comments today include non-GAAP financial measures. For details on these measures and reconciliation -- and reconciliations to comparable GAAP measures and for further information regarding the factors that may affect our operating results, please refer to our earnings release on our website at atni.com or to the 8-K filing provided to the SEC. I'd also like to note that we are in a quiet period with respect to certain FCC related auctions and as such we'll not be in a position to answer any questions related to ongoing FCC auctions.

And with that, I'll turn the call over to Michael.

Executive
Michael T. Prior

Thank you. Justin. Extra disclaimers this quarter [Speech Overlap]. So second-quarter results show that ATN fairly well-positioned to weather this ongoing health crisis but of course we are conscious of the personal and economic toll it is taking on our country and on the communities we serve. Back to quarterly performance. It was really quite good. We've seen demand for communication services remain strong, particularly and not surprisingly from home users of the high-speed Internet and we're well-positioned to meet that demand. Our extensive investments in recent years have given us the capacity and reliability that is critical to support our customers and communities. This is about much more than network investment. However, our ability to succeed amidst difficult operating circumstances is due in large part to a sense of urgency and a can-do attitude on the part of our operating teams. They adapted remarkably well and are continuing to deliver for our customers.

Looking forward, we think there is more we can do to improve our operating efficiency, meet demand and win share. We are not waiting for the situation to resolve. We are moving forward in the new environment. I should note that we are well aware that things could get worse, particularly in terms of