American Tower Raises 2026 Data Center Revenue Outlook and Targets Long-Term Margin Expansion
American Tower (AMT) reported a solid third quarter, driven by consistent performance in its global tower leasing business and significant outperformance within its data center segment. Management expressed confidence in the company's growth trajectory, specifically highlighting the strength of their digital infrastructure assets. Looking ahead, the company has raised its 2026 revenue growth outlook for its data center business to 16%. Additionally, American Tower is targeting a margin expansion of 200 to 300 basis points in its tower segment by 2030, signaling a long-term focus on operational efficiency and high-growth infrastructure sectors.
Tickers: $AMT
Topics: data centers earnings report tower leasing
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