American Tower Corp Q2 2023 Earnings Call Summary - Thomson StreetEvents

American Tower Corp Q2 2023 Earnings Call Summary

American Tower Corp Q2 2023 Earnings Call Summary - Thomson StreetEvents
American Tower Corp Q2 2023 Earnings Call Summary
Published Jul 27, 2023
17 pages (10592 words) — Published Jul 27, 2023
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of AMT.N earnings conference call or presentation 27-Jul-23 12:30pm GMT

  
Brief Excerpt:

...A. Before diving into our international operations, though, and in light of the recent excitement surrounding the potential arising from AI workloads, I'd like to spend a moment highlighting the demand we're seeing in our CoreSite data center business, where we've seen 9% year-over-year growth in both revenue and operating profit through the first 6 months of the year. B. Following record levels of signed new business in 2022 and Q1 of '23, we continue to see demand for data centers outstripping supply and our initial underwriting expectations elevated pre-leasing in a pipeline that points to an extended opportunity for increasingly profitable growth. C. And finally, we see a significant incremental opportunity arising from the use of hybrid and custom large language models for training and inferencing or low latency, high power density and distributed high-performance compute is expected to result in elevated activity across our existing CoreSite campus footprint. D. As you've seen recently,...

  
Report Type:

Brief

Source:
Company:
American Tower Corp
Ticker
AMT.N
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "American Tower Corp Q2 2023 Earnings Call Summary" Jul 27, 2023. Alacra Store. May 16, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-American-Tower-Corp-Earnings-Call-B15648312>
  
APA:
Thomson StreetEvents. (2023). American Tower Corp Q2 2023 Earnings Call Summary Jul 27, 2023. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-American-Tower-Corp-Earnings-Call-B15648312>
  
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