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0 0.0204524729688654 0.0204524729688654 0.0204524729688654 0.0217551782535065 0.0226236484432672 0.0161101220200617 0.0248382474271571
Stock impact report

American Tower Corporation Reports Third Quarter 2020 Financial Results

American Tower Corporation (REIT) (AMT) 
Last american tower corporation (reit) earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Business Wire
CONSOLIDATED HIGHLIGHTS Third Quarter 2020Total revenue increased 3.0% to $2,013 millionProperty revenue increased 3.4% to $1,988 millionNet income decreased 8.4% to $463 millionAdjusted EBITDA increased 5.6% to $1,298 millionConsolidated AFFO increased 14.7% to $1,022 million BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended September 30, 2020.Tom Bartlett, American Tower’s Chief Executive Officer, stated, “We saw strong demand across our global portfolio of communications real estate in the third quarter as our tenants deployed new technology, densified their networks and enhanced critical broadband connectivity for their customers during the ongoing pandemic. As a result, we drove Consolidated AFFO per Share growth of nearly 15% while again delivering solid growth in our dividend.Looking forward, as 5G deployments in the U.S. accelerate and as wireless technology evolves globally, we believe that our macro towe Show less Read more
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