American Tower (AMT) Reports Q2 FFO of $2.01

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Go back to American Tower (AMT) Reports Q2 FFO of $2.01

American Tower Corporation Reports Second Quarter 2019 Financial Results

July 31, 2019 7:00 AM EDT

CONSOLIDATED HIGHLIGHTS

Second Quarter 2019

Total revenue increased 6.1% to $1,890 million Property revenue increased 5.7% to $1,849 million Net income increased 38.1% to $434 million Adjusted EBITDA increased 9.2% to $1,183 million Consolidated AFFO increased 7.8% to $910 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended June 30, 2019.

Jim Taiclet, American Towers Chief Executive Officer, stated, We had another strong quarter in Q2 2019, highlighted by 7.5% Organic Tenant Billings Growth in the U.S. and sustained momentum across our... More