Earnings Call Summary | American Tower Corp(AMT.US) Q1 2024 Earnings Conference
Earnings Call Summary | American Tower Corp(AMT.US) Q1 2024 Earnings Conference
The following is a summary of the American Tower Corporation (AMT) Q1 2024 Earnings Call Transcript:
以下是美国铁塔公司（AMT）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
American Tower Corporation reported Q1 2024 performance with organic tenant billings growth of 5.4% and cash adjusted EBITDA margin expansion by 240 basis points to 64.9%.
Contributions from co-location and amendments were strong in Europe and Africa with elevated rates of around 8%.
AFFO and AFFO per share grew by 10% and 9.8%, respectively, despite 90 basis points in FX headwinds.
The 2024 outlook has increased expectations for property revenue by $30 million and adjusted EBITDA outlook by $40 million.
Revenue from the US business was $16 million, but represents near 70% growth from Q4 2023 levels.
Despite forex headwinds, the company still witnessed growth in EBITDA, AFFO, and property revenue.
American Tower's portfolio in India has up to $2.5 billion in total proceeds expected from the sale to Brookfield.
美国铁塔公司公布了2024年第一季度的业绩，租户的有机账单增长了5.4％，现金调整后的息税折旧摊销前利润率增长了240个基点至64.9％。
在欧洲和非洲，来自同地办公和修正的贡献非常强劲，高达8％左右。
尽管存在90个基点的外汇阻力，但AFFO和AFFO每股分别增长了10％和9.8％。
2024年的展望使对房地产收入的预期增加了3000万美元，调整后的息税折旧摊销前利润前景增加了4000万美元。
美国业务收入为1,600万美元，但与2023年第四季度的水平相比增长了近70％。
尽管存在外汇不利因素，但该公司的息税折旧摊销前利润、AFFO和房地产收入仍在增长。
预计美国铁塔在印度的投资组合向布鲁克菲尔德出售的总收益将高达25亿美元。
Business Progress:
业务进展：
With the increasing demand for hybrid and multi-cloud IT architecture, American Tower Corporation is poised to start executing its backlog of signed business.
Strong collection trends in India allowed the reversal of approximately $29 million of previously reserved revenue.
US activity is accelerating with the Q1 application pipeline coming in about 70% higher than in Q4.
CoreSite, the data center operation subsidiary, continues to show strong performance and is entering into a promising year.
The company anticipates resuming growth in 2025, subject to board approval, with a focus on margin expansion, cost discipline, and cautious capital allocation.
A shift to new lease activity could potentially increase average rent with new lease rates typically exceeding amendment rates.
With significant growth in fixed wireless subscriptions being one of the first use cases of 5G, the company is geared up to leverage this opportunity.
随着对混合和多云IT架构的需求不断增加，美国铁塔公司准备开始执行其积压的签约业务。
印度强劲的收款趋势使先前约2900万美元的储备收入逆转。
美国的活动正在加速，第一季度的申请渠道比第四季度增加了约70％。
数据中心运营子公司CoreSite继续表现强劲，并进入了充满希望的一年。
该公司预计，将在2025年恢复增长，但须经董事会批准，重点是利润扩张、成本纪律和谨慎的资本配置。
转向新的租赁活动可能会增加平均租金，因为新的租赁费率通常会超过修订费率。
随着固定无线订阅量的显著增长成为5G的首批用例之一，该公司已准备好利用这个机会。
More details: American Tower Corp IR
更多详情： 美国铁塔公司投资者关系
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。