Atlantic Tele-Network (Nasdaq: ATNI) reported earnings on July 30. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Atlantic Tele-Network met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped. GAAP earnings per share dropped significantly.

Gross margins increased, operating margins dropped, net margins shrank.

Revenue details
 Atlantic Tele-Network tallied revenue of $175.1 million. The three analysts polled by S&P Capital IQ anticipated revenue of $174.4 million on the same basis. GAAP reported sales were 5.5% lower than the prior-year quarter's $185.3 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 three earnings estimates compiled by S&P Capital IQ forecast $0.50 per share. GAAP EPS of $0.56 for Q2 were 16% lower than the prior-year quarter's $0.67 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 67.3%, 20 basis points better than the prior-year quarter. Operating margin was 11.7%, 80 basis points worse than the prior-year quarter. Net margin was 5.1%, 60 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $175.9 million. On the bottom line, the average EPS estimate is $0.58.

Next year's average estimate for revenue is $704.5 million. The average EPS estimate is $2.28.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 215 members out of 223 rating the stock outperform, and eight members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 62 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 hold, with an average price target of $51.33.

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