American Tower (AMT) Reports Q1 FFO of $2.46

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Go back to American Tower (AMT) Reports Q1 FFO of $2.46

American Tower Corporation Reports First Quarter 2021 Financial Results

April 29, 2021 7:00 AM EDT

CONSOLIDATED HIGHLIGHTS

First Quarter 2021

Total revenue increased 8.3% to $2,159 million Property revenue increased 7.9% to $2,130 million Net income increased 55.8% to $652 million Adjusted EBITDA increased 13.3% to $1,440 million Consolidated AFFO increased 23.8% to $1,123 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended March 31, 2021.

Tom Bartlett, American Towers Chief Executive Officer, stated, We began 2021 by entering into the Telxius Towers transaction, which we expect to be transformational for our European business. Our global teams... More