Atlantic Tele-Network (Nasdaq: ATNI) reported earnings on April 29. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Atlantic Tele-Network missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue contracted. GAAP earnings per share shrank.

Gross margins dropped, operating margins increased, net margins were steady.

Revenue details
 Atlantic Tele-Network reported revenue of $172.9 million. The four analysts polled by S&P Capital IQ predicted net sales of $180.1 million on the same basis. GAAP reported sales were 5.5% lower than the prior-year quarter's $182.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.56. The four earnings estimates compiled by S&P Capital IQ predicted $0.58 per share. GAAP EPS of $0.56 for Q1 were 6.7% lower than the prior-year quarter's $0.60 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 66.0%, 70 basis points worse than the prior-year quarter. Operating margin was 10.1%, 20 basis points better than the prior-year quarter. Net margin was 5.1%, much about the same as the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $181.1 million. On the bottom line, the average EPS estimate is $0.63.

Next year's average estimate for revenue is $730.2 million. The average EPS estimate is $2.52.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 213 members out of 221 rating the stock outperform, and eight members rating it underperform. Among 56 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give Atlantic Tele-Network a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Atlantic Tele-Network is outperform, with an average price target of $51.33.

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