American Tower (AMT) Misses Q3 EPS by 3c

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Go back to American Tower (AMT) Misses Q3 EPS by 3c

American Tower Corporation Reports Third Quarter 2016 Financial Results

October 27, 2016 7:01 AM EDT

CONSOLIDATED HIGHLIGHTS
Third Quarter 2016

Total revenue increased 22.4% to $1,515 million Property revenue increased 23.5% to $1,498 million Net income increased 169.8% to $264 million Adjusted EBITDA increased 17.5% to $915 million Consolidated AFFO increased 14.9% to $641 million

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

Jim Taiclet, American Towers Chief Executive Officer stated, In response to rapid growth in mobile data usage, our tenants... More