American Tower Q4 revenue $2.79B (+3%), net income $85M vs Q4'22 loss of $684M

AMERICAN TOWER CORP /MA/

2023-FY EPS reported $3.18 revenue$11,144,200,000

Full-year revenue up 4.0% to $11,144M; property revenue +5.1% to $11,001M.
Full-year net income $1,367M (-19.4% YoY); net income attributable to common stockholders $1,483M (-16.0% YoY).
Adjusted EBITDA $7,087M (+6.7%) for FY; AFFO attributable to common stockholders $4,612M (+2.1%).
Record colocation/amendment growth in US & Canada; record CoreSite sales; international resilient.
Impairment charges $604M in FY 2023 (India, Spain goodwill) weighed on net income.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

AMERICAN TOWER CORP /MA/ reported financial results for the year ended December 31, 2023.

Period: the year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 27, 2024, American Tower Corporation (the “Company”) issued a press release (the “Press Release”) announcing financial results for the year ended December 31, 2023.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

AMERICAN TOWER CORP /MA/ filing history →

Source: SEC EDGAR

accession 0001053507-24-000009

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