American Tower Q1 2024 revenue $2.83B, net income +192.6%, AFFO +10% per share

AMERICAN TOWER CORP /MA/

2024-Q1 EPS reported $1.96 revenue$2,834,100,000

Total revenue $2,834M (+2.4% YoY); property revenue $2,804M (+3.3%).
Net income $922M (+192.6%); net income attributable to common $917M ($1.96 diluted EPS).
Adjusted EBITDA $1,854M (+5.2%); margin 65.4%.
AFFO attributable to common $1,303M (+10.0%); per share $2.79 (+9.8%).
Organic Tenant Billings Growth 5.4%; cash from ops $1,284M (+19.9%).

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.99

AMERICAN TOWER CORP /MA/ reported the quarter ended March 31, 2024 results: revenue $2,834 million, net income $922 million, EPS $1.96.

Period: the quarter ended March 31, 2024
Revenue: $2,834 million
Net income: $922 million
EPS: $1.96
Result: reported results

Exact text from the filing

Telephone: (617) 375-7500 AMERICAN TOWER CORPORATION REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS CONSOLIDATED HIGHLIGHTS First Quarter 2024 ● Total revenue increased 2.4% to $2,834 million ● Property revenue increased 3.3% to $2,804 million ● Net income increased 192.6% to $922 million (1)(2)(3) ● Adjusted EBITDA increased 5.2% to $1,854 million ● Net income

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AMERICAN TOWER CORP /MA/ filing history →

Source: SEC EDGAR

accession 0001053507-24-000081

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