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home / news releases / CCI - Crown Castle FFO of $1.91 beats by $0.02 revenue of $1.62B misses by $140M

CCI - Crown Castle FFO of $1.91 beats by $0.02 revenue of $1.62B misses by $140M

Crown Castle International Corp.

2023-04-19 16:17:07 ET

  • Crown Castle press release ( NYSE: CCI ): Q1 FFO of $1.91 beats by $0.02 .
  • Revenue of $1.62B (+2.5% Y/Y) misses by $140M .
  • Site rental revenues grew 3%, or $48 million, from first quarter 2022 to first quarter 2023, inclusive of approximately $85 million in Organic Contribution to Site Rental Billings, a $33 million decrease in straight-lined revenues, and a $4 million decrease in amortization of prepaid rent.

For further details see:

Crown Castle FFO of $1.91 beats by $0.02, revenue of $1.62B misses by $140M
Stock Information
Company Name: Crown Castle International Corp.
Stock Symbol: CCI
Market: NYSE
Website: crowncastle.com
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