What caused ATNI's earnings to decline in 2024?

ATNI's earnings decline in 2024 was caused by a combination of factors:

1. **Revenue Decline**: The company's total revenue for 2024 was $729.08 million, which was a decrease from the previous year's revenue of $743.01 million. This decline in revenue was due to a 7% year-over-year decrease in the international segment revenue, which was partially offset by a slight increase in the domestic segment revenue.
2. **Operating Loss and Goodwill Impairment**: ATNI incurred an operating loss of $38.4 million in Q3 2024, which included a $35.3 million goodwill impairment charge. This impairment charge significantly contributed to the net loss of $32.7 million, or $2.26 per share, reported for the same quarter.
3. **Strategic Adjustments and Challenges**: The company has been navigating challenges and making strategic adjustments to address operational and market challenges. For instance, in Q1 2024, despite a slight revenue increase, ATNI faced a net loss and strategic hurdles. The company's international segment achieved double-digit growth, but this was not enough to offset the overall revenue decline.

In summary, ATNI's earnings decline in 2024 was primarily caused by a decrease in revenue, combined with significant operating losses and goodwill impairments. These factors, coupled with strategic adjustments and challenges, resulted in a difficult financial year for the company.