American Tower (AMT) Tops Q1 AFFO by 9c

Go back to American Tower (AMT) Tops Q1 AFFO by 9c

American Tower Corporation Reports First Quarter 2015 Financial Results

April 30, 2015 7:00 AM EDT

FIRST QUARTER 2015 HIGHLIGHTS

Consolidated Results

Total revenue increased 9.7% to $1,079 million

Adjusted EBITDA increased 13.0% to $724 million

AFFO increased 16.9% to $514 million

Segment Results

Domestic rental and management segment revenue increased 12.9% to $718 million

International rental and management segment revenue increased 6.2% to $344 million

Network development services segment revenue was $17 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended March 31, 2015.

Jim Taiclet, American Tower's Chief Executive Officer stated, "Our U.S. and international operations maintained strong leasing momentum through... More