Real Estate
REIT - Specialty
$86.38B
5.6K
Key insights and themes extracted from this filing
Total operating revenues increased slightly from $2,521.1 million to $2,522.3 million in the three months ended September 30, 2024, a marginal change year-over-year. Property revenues decreased slightly, while services revenues increased.
Operating income increased from $913.0 million to $1,139.2 million in the three months ended September 30, 2024, a significant increase year-over-year, driven by a decrease in operating expenses.
Net loss attributable to American Tower Corporation common stockholders was $792.3 million for the three months ended September 30, 2024, compared to a net income of $586.9 million in the same period of 2023, primarily due to a loss from discontinued operations.