American Tower Reports $1.2 Billion Quarterly Profit
The company records $2.5 billion revenue for Q4 ended Dec 31, 2024
AMERICAN TOWER CORP /MA/ [AMT] reported $1.2 billion profit for Q4 ended Dec 31, 2024, showing an increase of $1.2 billion in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 25, 2025 that it generated revenue of $2.5 billion for the period, showing an increase of $112.9 million in the same quarter of the previous year.
Based in Boston, Massachusetts, the company reported $2.6 earnings per share for the period, compared to $0.2 in the last quarter.
The company's profit increased by 9.15 thousand% from $13.3 million in the last quarter.
The revenue increased 4.61% from $2.4 billion in the same quarter of the previous year.