American Tower (AMT) Reports Q2 FFO of $2.39

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Go back to American Tower (AMT) Reports Q2 FFO of $2.39

American Tower Corporation Reports Second Quarter 2021 Financial Results

July 29, 2021 7:00 AM EDT

CONSOLIDATED HIGHLIGHTS

Second Quarter 2021

Total revenue increased 20.2% to $2,299 million Property revenue increased 17.9% to $2,233 million Net income increased 66.8% to $748 million Adjusted EBITDA increased 21.8% to $1,476 million Consolidated AFFO increased 18.7% to $1,097 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended June 30, 2021.

Tom Bartlett, American Towers Chief Executive Officer, stated, In Q2, secular growth trends in mobile continued to support meaningful carrier capital investment and wireless network technology advancements throughout our footprint. In addition to... More