American Tower (AMT) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the same period last year. The reported revenue also rose relative to the immediately preceding quarter.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 FY
Revenue for the quarter increased compared to the same period last year. The reported revenue also rose relative to the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+1257.0%
Change from the immediately preceding quarter.
Year-over-year
+1167.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $2.5B | +1104.2% |
| Jun 30, 2023 | -$2.1B | -1076.3% |
| Sep 30, 2023 | $181M | -18.0% |
| Dec 31, 2023 | $2.5B | +1167.3% |
Revenue performance
The company's revenue showed a positive direction for the quarter. This performance reflects an improvement from the prior quarter's level.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher. Sequentially, revenue also increased from the previous quarter.
What to watch
Monitor whether the revenue growth trajectory can be sustained in upcoming periods.