American Tower (AMT) Tops Q3 EPS by 67c

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Go back to American Tower (AMT) Tops Q3 EPS by 67c

American Tower Corporation Reports Third Quarter 2022 Financial Results

October 27, 2022 7:00 AM EDT

CONSOLIDATED HIGHLIGHTS

Third Quarter 2022 Total revenue increased 8.8% to $2,672 million Property revenue increased 10.2% to $2,610 million Net income increased 12.9% to $820 million Adjusted EBITDA increased 5.8% to $1,643 million Consolidated AFFO decreased 1.2% to $1,144 million Net income attributable to AMT common stockholders increased 16.1% to $840 million AFFO attributable to AMT common stockholders decreased 3.3% to $1,102 million

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

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