American Tower (AMT) Tops Q1 FFO by 9c

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American Tower Corporation Reports First Quarter 2022 Financial Results

April 27, 2022 7:00 AM EDT

CONSOLIDATED HIGHLIGHTSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â

First Quarter 2022Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â

Total revenue increased 23.2% to $2,660 millionÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Property revenue increased 22.1% to $2,601 millionÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Net income increased 7.7% to $703 millionÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Adjusted EBITDA increased 12.8% to $1,624 millionÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Consolidated AFFO increased 7.0% to $1,202 millionÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Net income attributable to AMT common stockholders increased 10.3% to $712 million AFFO attributable to AMT common stockholders increased 6.1% to $1,167 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended March 31, 2022.

Tom Bartlett, American Towers Chief Executive Officer, stated, We're off to a strong start in 2022 with Organic Tenant Billings Growth accelerating sequentially in each of our reported segments. 5G is ramping up in the U.S. and Europe today, while 4G coverage and densification initiatives... More

American Tower (AMT) Tops Q1 FFO by 9c

American Tower Corporation Reports First Quarter 2022 Financial Results

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