American Tower (AMT) Reports Q2 FFO of $2.46

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Go back to American Tower (AMT) Reports Q2 FFO of $2.46

American Tower Corporation Reports Second Quarter 2023 Financial Results

July 27, 2023 7:00 AM EDT

CONSOLIDATED HIGHLIGHTS

Second Quarter 2023

Total revenue increased 3.6% to $2,772 million Property revenue increased 4.4% to $2,729 million Net income decreased 48.2% to $462 million(1) Adjusted EBITDA increased 4.7% to $1,749 million Net income attributable to AMT common stockholders decreased 47.0% to $476 million(1) AFFO attributable to AMT common stockholders decreased 0.4% to $1,151 million

BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended June 30, 2023.

Tom Bartlett, American Towers Chief Executive Officer, stated, The momentum... More