AMT

American Tower Corp. Reveals Rise In Q1 Profit

(RTTNews) - American Tower Corp. (AMT) revealed a profit for its first quarter that Increased, from last year

The company's bottom line totaled $859.5 million, or $1.84 per share. This compares with $488.7 million, or $1.04 per share, last year.

The company's revenue for the period rose 6.8% to $2.737 billion from $2.562 billion last year.

American Tower Corp. earnings at a glance (GAAP) :

-Earnings: $859.5 Mln. vs. $488.7 Mln. last year. -EPS: $1.84 vs. $1.04 last year. -Revenue: $2.737 Bln vs. $2.562 Bln last year.

-Guidance: Full year revenue guidance: $ 10.585 B To $ 10.735 B

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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