American Tower (AMT) Reports Q2 FFO of $1.33

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Go back to American Tower (AMT) Reports Q2 FFO of $1.33

American Tower Corporation Reports Second Quarter 2016 Financial Results

July 28, 2016 7:00 AM EDT

CONSOLIDATED HIGHLIGHTS
Second Quarter 2016

Total revenue increased 22.8% to $1,442 million Property revenue increased 23.6% to $1,426 million Net income increased 22.4% to $192 million Adjusted EBITDA increased 14.0% to $869 million Consolidated AFFO increased 10.3% to $592 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended June 30, 2016.

Jim Taiclet, American Towers Chief Executive Officer stated, Our Companys strong second quarter total Property Revenue growth of... More