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What Drove American Tower’s EBITDA Higher in Q2 2018?

Andrew Brunton
What Drove American Tower’s EBITDA Higher in Q2 2018?

American Tower (AMT) reported adjusted EBITDA of $1.08 billion in the second quarter, coming in ahead of analysts’ expectation of $1.07 billion. Its adjusted EBITDA also marked a YoY (year-over-year) improvement of 6.2% mainly driven by higher revenue and efficient cost management.