American Tower (AMT) Q2 Revenues Beat as AFFO Rises 13%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- S&P 500, Dow set for higher open with focus on Mideast developments
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
- Oil falls to two-week low as Gulf supply outlook improves
- Don’t expect a grand bargain from the Trump-Xi summit: Yardeni
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
American Tower Corporation Reports Second Quarter 2018 Financial Results
July 31, 2018 7:00 AM EDT
CONSOLIDATED HIGHLIGHTS
Second Quarter 2018
Total revenue increased 7.1% to $1,781 million
Property revenue
increased 6.8% to $1,749 million
Net income decreased 19.1% to
$314 million
Adjusted EBITDA increased 6.2% to $1,084 million
Consolidated AFFO increased 16.4% to $844 million
Consolidated
AFFO per Share increased 13.1% to $1.90
BOSTON--(BUSINESS WIRE)-- American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended June 30, 2018.
Jim Taiclet, American Towers Chief Executive Officer, stated, The rapid adoption of unlimited data plans in the U.S. wireless market has elevated aggregate year-over-year mobile data usage growth to... More
