secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN TOWER CORP /MA/ (AMT)
CIK:        0001053507
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001053507-23-000140
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Tower Q2 revenue up 3.6% to $2.77B; net income drops 48%; raises FY outlook
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- Total revenue $2,772M (+3.6% YoY); property revenue $2,729M (+4.4% YoY).
- Net income $462M (-48.2%) impacted by $107.6M foreign currency losses vs. $394.7M gains prior year.
- Adjusted EBITDA $1,749M (+4.7%); AFFO per share $2.46 (-2.0%).
- Organic Tenant Billings Growth 6.2% for second consecutive quarter; data center segment leasing solid.
- Raised full-year 2023 outlook for property revenue, Adjusted EBITDA, and Attributable AFFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1053507/000105350723000140/0001053507-23-000140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1053507/000105350723000140/amt-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001053507-23-000140

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