secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN TOWER CORP /MA/ (AMT)
CIK:        0001053507
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001053507-23-000112
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Tower Q1 revenue up 4% to $2,767M, AFFO up 1.5%, net income down 55% on forex losses
--------------------------------------------------------------------------------

- Total revenue $2,767M (+4.0% YoY); property revenue $2,715M (+4.4%).
- Net income $315M (-55.2%) driven by $84.1M forex loss and $80.0M Mexico fiber sale loss.
- Adjusted EBITDA $1,763M (+8.6%); margin 63.7%. AFFO attributable to common $1,185M (+1.5%), per share $2.54.
- Organic Tenant Billings Growth 6.4%; CoreSite record new business; 11th consecutive quarter with 1,000+ built sites.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1053507/000105350723000112/0001053507-23-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1053507/000105350723000112/amt-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001053507-23-000112

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer