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home / articles / AMT - American Tower Outperforms In Q4: Eyes 5G And AI-Driven Future | Benzinga

AMT - American Tower Outperforms In Q4: Eyes 5G And AI-Driven Future | Benzinga

American Tower Corporation

American Tower Corp (NYSE: AMT) reported fourth-quarter fiscal 2023 revenue growth of 3.0% year-on-year to $2.79 billion, beating the consensus estimate of $2.74 billion.

Property revenue increased 4.6% Y/Y to $2.77 billion. Tenant Billings grew by 7.1%, and Organic Tenant Billings increased by 6.1%.

Adjusted EBITDA increased 3.2% Y/Y to $1.76 billion. AFFO per share attributable was $2.29, down by 2.1% Y/Y and against the Full story available on Benzinga.com
Stock Information
Company Name: American Tower Corporation
Stock Symbol: AMT
Market: NYSE
Website: americantower.com
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