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.
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.
Full year 2022 estimates are based on a number of assumptions that management believes to be reasonable and reflect the Company’s expectations as of July 28, 2022.
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