Atento

Atento SA is engaged in the provision of customer relationship management business process outsourcing services and solutions. The firm offers front-end and back-end services ranging from sales, applications processing, customer care, and credit management. It operates through the following geographical segments: Europe, the Middle East and Africa (EMEA), America, and Brazil. The company was founded in 1999 and is headquartered in Luxembourg.

Earnings data Q4 2022

Earnings data Q1 2023

This new round of capital together with the financing announced on February 3, 2023, will provide Atento with additional operating liquidity and financial flexibility to address its near-term financial liabilities. This capital raise is a key milestone and significant step toward strengthening Atento's liquidity position.

Atento Announces That It Has Successfully Raised New Financing from Existing Investors

Kyma Capital, MCI affiliate, and other key investors have provided new financing to support Atento Atento engaged Houlihan Lokey as financial advisor to assist with the fundraising Atento continues to work to add additional investors to the new financing as part of the Company's long-term goals This significant fundraising strengthens Atento´s balance sheet and liquidity NEW YORK , Feb. 3, 2023 /PRNewswire/ -- Atento S.A. (NYSE: ATTO, "Atento" or the "Company"), one of the largest providers worldwide and a leading company in customer relationship services and business process outsourcing (CRM / BPO), confirms today that it has secured its previously announced financing program.

Atento announces successful capital raise

IOWA CITY, Iowa, Jan. 11, 2023 (GLOBE NEWSWIRE) -- MCI Capital, LC (“MCI”), a wholly owned subsidiary of MCI, LC, announced today the completion and closing of its previously announced cash tender offer to purchase up to 1,525,000 ordinary shares of Atento S.A. ( NYSE:ATTO ) (“Atento”) at a purchase price of $5.00 per share, which expired at 5:00 p.m., New York City time, on January 9, 2023. As of the expiration, 519,390 shares had been validly tendered and not validly withdrawn, representing approximately ~3.4% of Atento's outstanding ordinary shares as of November 30, 2022. MCI had accepted for payment, and promptly paid for, all 519,390 validly tendered shares.

MCI Capital, LC Announces Completion and Closing of Cash Tender Offer for Ordinary Shares of Atento S.A.

IOWA CITY, Iowa, Jan. 03, 2023 (GLOBE NEWSWIRE) --  MCI Capital, LC (“MCI”), a wholly-owned subsidiary of MCI, LC, announced today that it is extending the offer period for its previously announced cash tender offer to purchase up to 1,525,000 ordinary shares of Atento S.A. (NYSE:ATTO) (“Atento”) at a purchase price of $5.00 per share until 5:00 p.m., New York City time, on January 9, 2023. The tender offer was previously scheduled to expire at 5:00 p.m., New York City time, on December 30, 2022. The offer is now extended to the fifth business day after its previously scheduled expiration. The depositary for the tender offer has advised that, as of 5:00 p.m. on December 30, 2022, a total of 561,277 ordinary shares of Atento, S.A.  were validly tendered into the offer and not withdrawn, this includes 21,474 shares tendered under to offer's notice of guarantee provision.

MCI Capital, LC Waives Minimum Condition of Cash Tender Offer for Ordinary Shares of Atento S.A.; Extends Expiration Date

Atento (ATTO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock Atento (ATTO) Is Still Trading at a Bargain

NEW YORK, Nov. 30, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO, "Atento" or the "Company"), one of the five largest providers worldwide and a leading company in customer relationship services and business process outsourcing (CRM / BPO), announces today that its Board of Directors has appointed Dimitrius Oliveira as Chief Executive Officer (CEO) and Anil Bhalla as Executive Chairman.

Dimitrius Oliveira appointed as CEO of Atento and Anil Bhalla as Executive Chairman of the Board

Here Is Why Bargain Hunters Would Love Fast-paced Mover Atento (ATTO)

The average of price targets set by Wall Street analysts indicates a potential upside of 161.6% in Atento (ATTO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Atento (ATTO)? Wall Street Analysts Think 162%

NEW YORK , Nov. 21, 2022 /PRNewswire/ -- Atento S.A. (the "Company") (NYSE: ATTO) confirmed that on November 18, 2022, MCI Capital, LC commenced a tender offer to purchase up to 1,525,000 of the Company's ordinary shares at a price of $5.00 per share in cash (the "Tender Offer").

Tender Offer - Communication

Atento S.A. (NYSE:ATTO ) Q3 2022 Results Conference Call November 16, 2022 8:00 AM ET Company Participants Hernan van Waveren - Investor Relations Carlos López-Abadía - Chief Executive Officer Sergio Passos - Chief Financial Officer Conference Call Participants Declan Hanlon - Santander Vincent Colicchio - Barrington Research Beltran Palazuelo - DLTV Operator Good morning and welcome to Atento's Third Quarter 2022 Results Conference Call.

Atento S.A. (ATTO) Q3 2022 Earnings Call Transcript

Atento (ATTO) delivered earnings and revenue surprises of 200% and 1.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Atento (ATTO) Surpasses Q3 Earnings Estimates

Revenue flat YoY, with sales record in 2Q compensating for current macroeconomic challenges Total Contract Value of Sales up 10.3%, with strong pipeline, particularly in hard currencies, supporting revenue growth in Q4 EBITDA margin increased 3.3p.p. from previous quarter, reaching 11.1% in 3Q22 coming from 7.8% in 2Q22 Cost efficiency efforts accelerated, mainly encompassing indirect costs and as well as operational improvements, increasing EBITDA by $10m million.

Atento Reports Fiscal 2022 Third Quarter and Nine Month Results

NEW YORK , Oct. 17, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO) ("Atento" or the "Company"), the largest provider of customer relationship management and business process outsourcing ("CRM BPO") services in Latin America and among the top providers globally, announced today that it will release fiscal third quarter 2022 financial and operating results after the market close of the New York Stock Exchange on Tuesday, November 15, 2022.

Atento Sets Date for Fiscal 2022 Third Quarter Results

HPS Investment Partners, GIC Private Limited and Farallon each agree to extend their shareholder lock-up by 12-months, with the same period applied to Kyma Capital, Charles Frischer and Asheef Lalani. This announcement demonstrates that the key shareholders, which on a combined basis own more than 70%, remain committed with Atento and its growth trajectory.

Atento announces extension of lock-up agreement with its main institutional shareholders

Atento S.A. (NYSE:ATTO ) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Hernan van Waveren - Investor Relations Carlos López-Abadía - Chief Executive Officer Sergio Passos - Chief Financial Officer Conference Call Participants Vincent Colicchio - Barrington Research Antonio Manzano - Santalucia Beltran Palazuelo - DLTV Operator Good morning and welcome to Atento's Second Quarter 2022 Results Conference Call.

Atento S.A.'s (ATTO) CEO Carlos López-Abadía on Q2 2022 Results - Earnings Call Transcript

Atento (ATTO) delivered earnings and revenue surprises of 13.33% and 1.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Atento (ATTO) Reports Q2 Loss, Lags Revenue Estimates

Demanding quarter, but management believes positive inflection point has been reached with strong 2H trend underway Record June sales of $34 million, growing to 60% in hard currency, and Total Annual Value of Sales in Q2 increasing 16.4% to $54.7 million Accelerated 2022 cost efficiency program, realizing $15 million cost reductions by year-end, or $25 million on an annualized basis.                 Cash position rose 6.1% to healthy $103 million, with strong free cash flow turnaround to positive $5 million, versus negative $26 million in 2Q21 and negative $65 million in 1Q22 Working capital improved to positive $9 million in 2Q22, versus negative $25 million in 2Q21                 Due to uncertain macroeconomic conditions, annual guidance revised to flat revenue growth, EBITDA margin of 11.5% to 12.5%, and leverage ratio of 3.0x to 3.5x Strong year-end exit rate forecasted, based on sales momentum and improving cost structure NEW YORK , Aug. 3, 2022 /PRNewswire/ -- Atento S.A.

Atento Reports Fiscal 2022 Second Quarter and First Half Results

Antonio Viana resigns as director on June 30 th 2022 NEW YORK, July 1, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO, "Atento" or the "Company"), one of the largest providers worldwide and the leading company in customer relationship services and business process outsourcing (CRM / BPO) in Latin America, announces its Annual Shareholders Meeting was held in Luxembourg in June 29 th 2022, immediately followed by an Extraordinary Shareholders' Meeting (jointly, the "Annual Meetings").

Annual and Extraordinary Shareholders' Meeting of Atento, S.A. held in Luxembourg in June 29th 2022 with 80.89% participation - Akshay Shah is elected as member to the board

NEW YORK , June 22, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO, "Atento" or the "Company is the largest provider of customer relationship management and business process outsourcing ("CRM BPO") services in Latin America, and among the top providers globally, announced today that it will release fiscal second quarter 2022 financial and operating results after the market close of the New York Stock Exchange on Wednesday, August 3, 2022.

Atento Sets Date for Fiscal 2022 Second Quarter Results

Atento reorganizes its regional structure switching from five regions to three to optimize the efficiency of its operations and improve proximity and service to its customers. Sergio Ribeiro Passos has been named the Company's new CFO to continue promoting and strengthening Atento's financial position.

Atento renews its organization with three new appointments that strengthen its strategy, including new CFO

Chief Investment Officer and Founder of Kyma Capital to Be Nominated as a New Independent Director for Election by Shareholders at the Company's 2022 Annual Meeting of Shareholders Akshay Shah Brings 20+ Years of Relevant Experience and Leadership Skills to the Board Investor Group assumes standstill until the Annual Meeting of Shareholders to be held in 2024 Annual Meeting of Shareholders Scheduled to Be Held on 29 June 2022 NEW YORK , June 2, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO) ("Atento" or the "Company"), one of the largest providers worldwide and the leading company in customer relationship services and business process outsourcing (CRM / BPO) in Latin America, today announced the execution of a cooperation agreement (the "Agreement") with Kyma Capital, Charles Frischer and Asheef Lalani (the "Investors"), who beneficially own in the aggregate approximately 8.5% of the Company's outstanding ordinary shares.

Atento Announces Cooperation Agreement with Investors

This appointment is strategic for Atento Bhalla brings extensive CX experience to support Atento´s growth in the US and EMEA markets NEW YORK and MIAMI , May 24, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO, "Atento" or the "Company"), one of the largest providers worldwide and the leading company in customer relationship services and business process outsourcing (CRM / BPO) in Latin America, has appointed Anil Bhalla as independent board director.

Atento announces appointment of Anil Bhalla as independent board director

Atento S.A. (NYSE:ATTO ) Q1 2022 Earnings Conference Call May 12, 2022 8:30 AM ET Company Participants Hernan van Waveren - Investor Relations Carlos López-Abadía - Chief Executive Officer Jose Azevedo - Chief Financial Officer Conference Call Participants Ryan O'Hagan - EPIC Vincent Colicchio - Barrington Research Operator Good morning and welcome to Atento's First Quarter 2022 Results Conference Call.

Atento S.A. (ATTO) CEO Carlos López-Abadía on Q1 2022 Results - Earnings Call Transcript

Revenue decreased 2.3% to $356.6 million in seasonally slow first quarter, due to residual impact of cyberattack and absenteeism related to Omicron spike Secured 19 high-quality new clients representing 58.2% of $53.3 million in Total Annual Value of sales and with 19.1% EBITDA margin, up 300bps Sales in E-Commerce, Fintech and Travel sectors accounted for 67.1%, 9.8% and 13.4% of new wins in the quarter Hard currency revenues expanded 310 bps to 28.1% of consolidated revenue EBITDA decreased 10.1% to $35.0 million on lingering effects of cyberattack, one-time costs related to absenteeism and higher inflation, partially offset by accrued cyber insurance recovery in Brazil and inflation pass-through Healthy exit rate in March, with sales, EBITDA and operating cash flow expected to accelerate in second half of year High levels of inflation and interest rate hikes increased financing costs Company enhances sales organization and advances cost-saving initiatives 2022 guidance reiterated NEW YORK , May 11, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO) ("Atento" or the "Company"), one of the five largest providers of Customer Relationship Management and Business Process Outsourcing (CRM / BPO) services worldwide and sector leader in Latin America, announced today its first quarter operating and financial results for the period ending March 31, 2022.

Atento Reports Fiscal 2022 First Quarter Results

NEW YORK , May 3, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO) ("Atento" or the "Company"), one of the five largest providers of Customer Relationship Management and Business Process Outsourcing (CRM / BPO) services worldwide and sector leader in Latin America, announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 has been filed with the U.S. Securities and Exchange Commission and is available at http://www.sec.gov or on Atento's Investor Relations website at http://investors.atento.com.

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