American Tower (AMT) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared to the prior quarter. The reported revenue also rose relative to the same quarter a year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to the prior quarter. The reported revenue also rose relative to the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$196.4M
Revenue reported for this quarter.
Quarter-over-quarter
+13.5%
Change from the immediately preceding quarter.
Year-over-year
+109.3%
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 |
|---|---|---|
| Sep 30, 2023 | $181M | -18.0% |
| Dec 31, 2023 | $2.5B | +1167.3% |
| Mar 31, 2024 | $173M | -93.1% |
| Jun 30, 2024 | $196.4M | +109.3% |
Revenue performance
The quarter's revenue moved upward from the immediately preceding quarter, continuing a pattern of sequential improvement.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher. The year-over-year change was positive, while the prior quarter had shown a decline from the quarter before that.
What to watch
The filing context notes debt refinancing and repayment activities, which may affect future financial flexibility.