American Tower Reports Q1 2025 Financial Results

Summary

American Tower Corporation reported financial results for the first quarter of 2025, showing total revenue of $2,563 million, a 2.0% increase from the prior year. Despite the revenue growth, net income decreased by 45.9% to $499 million due to foreign currency losses and other factors. Adjusted EBITDA increased by 1.9% to $1,744 million. The company also provided an outlook for the full year 2025, raising certain midpoints for property revenue, Adjusted EBITDA, and AFFO attributable to AMT common stockholders due to positive foreign currency exchange rate fluctuations.