American Tower (AMT) Tops Q2 EPS by 99c

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American Tower Corporation Reports Second Quarter 2022 Financial Results

July 28, 2022 7:00 AM EDT

CONSOLIDATED HIGHLIGHTS

Second Quarter 2022

Total revenue increased 16.3% to $2,674 million Property revenue increased 17.1% to $2,615 million Net income increased 19.1% to $891 million Adjusted EBITDA increased 13.2% to $1,671 million Consolidated AFFO increased 8.8% to $1,193 million Net income attributable to AMT common stockholders increased 20.4% to $898 million AFFO attributable to AMT common stockholders increased 7.0% to $1,155 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended June 30, 2022.

Tom Bartlett, American Towers Chief Executive Officer, stated, We delivered strong... More