American Tower (AMT) Misses Q2 EPS by 3c

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Go back to American Tower (AMT) Misses Q2 EPS by 3c

American Tower Corporation Reports Second Quarter 2020 Financial Results 

July 30, 2020 7:00 AM EDT

CONSOLIDATED HIGHLIGHTS
Second Quarter 2020

Total revenue increased 1.2% to $1,913 million Property revenue increased 2.4% to $1,893 million Net income increased 3.2% to $448 million Adjusted EBITDA increased 2.4% to $1,212 million Consolidated AFFO increased 1.6% to $924 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended June 30, 2020.

Tom Bartlett, American Towers Chief Executive Officer, stated, Our global business delivered solid underlying results in the second quarter despite the ongoing challenges presented by the COVID-19 pandemic as we... More