ATN International, Inc. (NASDAQ:ATNI) Q1 2023 Earnings Conference Call April 27, 2023 9:00 AM ET

Company Participants

Justin Benincasa - CFO

Michael Prior - President, CEO & Chairman

Conference Call Participants

Ric Prentiss - Raymond James

Greg Burns - Sidoti & Company

Hamed Khorsand - BWS Financial Inc.

Operator

Good day, and thank you for standing by. Welcome to the ATN International First Quarter 2023 Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Justin Benincasa, Chief Financial Officer. Please go ahead.

Justin Benincasa

Great. Thank you, operator, and good morning, everyone. Today, we will review our first quarter 2023 results. With me here is Michael Prior, ATN's Chief Executive Officer. Michael will provide an update on our business and strategy as well as a high-level overview of our quarterly results. I'll then cover our financials and provide additional color where necessary.

As a reminder, we released our first quarter results press release last night after market closed. Investors can find the release and results presented for this call on our Investor Relations website.

Before I turn the call over to Michael, I'd like to point out that this call, our press release and the presentation containing forward-looking statements concerning our current expectations, objectives and underlying assumptions regarding our future operating results. These statements 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 reconciliations to comparable GAAP measures and for further information regarding the factors that may affect our future 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'll now turn the call over to Michael for his prepared remarks.

Michael Prior

Thank you, Justin, and thank you for joining us, everyone. I would like to start the call today with three key takeaways from our Q1 performance. One, our strategy is working and is driving growth in subscribers and footprint or addressable market; two, adjusted EBITDA performance is improving in line with the subscriber and revenue growth. And three, our three-year outlook, as announced at the beginning of 2022 is tracking to plan. We expect revenue and EBITDA growth to ramp to bring us in line with the three -year CAGRs we have forecast.