American Tower Earnings Reports

American Tower Corporation (AMT) posted Q4 2024 revenue of $2.55 billion, reflecting a 3.7% year-over-year increase. Net income soared to $1.23 billion, up 9,151.9% due to favorable operational and financial adjustments. Adjusted EBITDA grew 5.1% to $1.69 billion, and AFFO per share increased to $2.32. The company saw strong growth in organic tenant billings, particularly in emerging markets.

American Tower Corporation reported a slight increase in total revenue, but a significant decrease in net income due to a loss on the sale of its India operations. Adjusted AFFO per share increased, driven by demand for communications infrastructure and data center services.

American Tower Corporation reported a 4.6% increase in total revenue, reaching $2,900 million. Net income saw a significant increase of 96.8% to $908 million. The company's performance was bolstered by positive collection trends in India and strong organic tenant billings growth in the U.S. & Canada segment.

American Tower Corporation reported a 2.4% increase in total revenue, reaching $2,834 million, and a substantial 192.6% increase in net income, amounting to $922 million. The company's AFFO attributable to common stockholders also saw a 10.0% increase, reaching $1,303 million.

American Tower Corporation reported a 3.0% increase in total revenue to $2,787 million for Q4 2023. Net income increased significantly by 101.9% to $13 million, and adjusted EBITDA rose by 3.2% to $1,761 million. The company focused on cost discipline and balance sheet initiatives, reducing net leverage and optimizing debt exposure.

American Tower Corporation reported a 5.5% increase in total revenue to $2,819 million for Q3 2023. Property revenue increased by 7.0% to $2,792 million. Net income decreased by 29.6% to $577 million, while Adjusted EBITDA increased by 10.4% to $1,814 million. The company raised its full-year outlook for property revenue, Adjusted EBITDA, and Attributable AFFO.

American Tower Corporation reported a 3.6% increase in total revenue, reaching $2,772 million, and a 4.4% increase in property revenue, totaling $2,729 million. However, net income decreased by 48.2% to $462 million, primarily due to foreign currency losses. The company raised its full-year outlook for property revenue, Adjusted EBITDA, and Attributable AFFO, driven by core property outperformance.

American Tower Corporation reported a 4.0% increase in total revenue, reaching $2,767 million in Q1 2023. The company saw an acceleration in Organic Tenant Billings Growth and a record quarter of signed new business at CoreSite. However, net income decreased by 55.2% to $315 million, impacted by foreign currency losses and the sale of Mexico Fiber.

American Tower Corporation reported a 10.6% increase in total revenue for Q4 2022, reaching $2,705 million. However, the company experienced a net loss of $717 million, primarily due to impairment charges in India and foreign currency losses. Despite the net loss, Adjusted EBITDA increased by 12.6% to $1,707 million, and Consolidated AFFO rose by 15.1% to $1,147 million.

American Tower Corporation reported an 8.8% increase in total revenue, reaching $2,672 million for Q3 2022. Net income increased by 12.9% to $820 million. The company saw strong leasing trends across its global portfolio and double-digit growth in its common stock dividend.

American Tower Corporation reported a 16.3% increase in total revenue, reaching $2,674 million. Net income increased by 19.1% to $891 million, and Adjusted EBITDA grew by 13.2% to $1,671 million. The company also raised its 2022 outlook for Attributable AFFO per Share.

American Tower Corporation reported a strong start to 2022, with total revenue increasing by 23.2% to $2,660 million and net income increasing by 7.7% to $703 million. The company's growth was driven by accelerating organic tenant billings growth in all reported segments and strategic investments in 5G and 4G infrastructure.

American Tower Corporation reported a 15.2% increase in total revenue, reaching $2,445 million. Net income increased by 22.0% to $441 million, and Consolidated AFFO increased by 6.5% to $996 million. The company closed key acquisitions and expects solid growth in 2022.

American Tower Corporation reported strong third-quarter results, with a 21.9% increase in total revenue to $2,454 million and a 56.9% increase in net income to $726 million. The company's growth was supported by carrier investments in network densification, new network technologies, and spectrum deployments.

American Tower Corporation reported a strong second quarter in 2021, with a 20.2% increase in total revenue to $2,299 million and a 66.8% increase in net income to $748 million. The company's growth was supported by continued carrier capital investment and wireless network technology advancements, along with strategic acquisitions, including nearly 27,000 sites through the Telxius Towers acquisition.

American Tower Corporation reported strong first-quarter results, with total revenue increasing by 8.3% to $2,159 million and net income increasing by 55.8% to $652 million. The company is progressing with the Telxius Towers transaction and anticipates it will significantly enhance their European business. They are also seeing strong demand for their sites and growth in Consolidated AFFO per Share.

American Tower Corporation reported a 10.3% increase in total revenue to $2,123 million for Q4 2020. Net income decreased by 36.5% to $362 million, while Consolidated AFFO increased by 8.9% to $936 million.

American Tower Corporation reported a 3.0% increase in total revenue to $2,013 million and a 14.7% increase in Consolidated AFFO to $1,022 million for the third quarter of 2020. The company saw strong demand across its global portfolio as tenants deployed new technology and densified their networks.

American Tower Corporation reported a 1.2% increase in total revenue, reaching $1,913 million. Property revenue increased by 2.4% to $1,893 million, and net income rose by 3.2% to $448 million. The company focused on maintaining essential connectivity for tenants and strengthened its balance sheet.

American Tower Corporation reported a 9.9% increase in total revenue, reaching $1,993 million for Q1 2020. Net income rose by 2.7% to $419 million, and adjusted EBITDA increased by 14.1% to $1,271 million. The company also completed the acquisition of MTN Group Limited’s noncontrolling interests in its joint ventures in Ghana and Uganda.

American Tower Corporation reported a decrease in total revenue by 9.8% to $1,924 million, while net income increased by 94.5% to $569 million for the fourth quarter of 2019. The results were impacted by the nonrecurrence of the Tata settlement.