Crown Castle Reports First Quarter 2026 Results and Maintains Outlook for Full Year 2026

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[{"type":"text","content":"Crown Castle Reports First Quarter 2026 Results and Maintains Outlook for Full Year 2026\nHOUSTON, April 22, 2026 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (\"Crown Castle\") today reported results for the first quarter ended March 31, 2026, and maintained its full year 2026 Outlook, as reflected in the table below. (dollars in millions, except per share amounts)Current Outlook Midpoint(a)Full Year 2025 Actual Change% ChangeSite rental revenues(b)$3,850$4,049 $(199)(5)%Net income (loss)$780$444 $33676%Net income (loss) per share—diluted$1.80$1.01 $0.7978%Adjusted EBITDA(b)(c)$2,690$2,863 $(173)(6)%AFFO(b)(c)$1,920$1,904 $161%AFFO per share(b)(c)$4.43$4.36 $0.072% (a)Reflects midpoint of full year 2026 Outlook as issued on April 22, 2026, and unchanged from previous full year 2026 Outlook issued on February 4, 2026.(b)Excludes amounts related to the Fiber Business (as defined in \"Non-GAAP Measures and Other Information\") which are presented in discontinued operations.(c)See \"Non-GAAP Measures and Other Information\" for further information and reconciliation of non-GAAP financial measures to net income (loss), including on a per share basis. \"We delivered a solid first quarter and remain on track to achieve our full-year 2026 guidance,” said Chris Hillabrant, Crown Castle’s President and Chief Executive Officer. “We have largely completed the separation of our Fiber and Small Cell businesses and expect the sale to close in the first half of 2026. As we transition to a pure‑play tower company, we are focused on execution by driving operating efficiency, modernizing our systems, and increasing land ownership under our towers. With a clear standalone tower strategy, a disciplined capital allocation framework, and an investment‑grade balance sheet, we are well positioned to deliver attractive and sustainable shareholder returns.\" RESULTS FROM THE QUARTER (dollars in millions, except per share amounts)Q1 2026Q1 2025Change% ChangeSite rental revenues(a)$961$1,011 $(50)(5)%Net income (loss)$151$(464) $615N/ANet income (loss) per share—diluted$0.34$(1.07) $1.41N/AAdjusted EBITDA(a)(b)$675$722 $(47)(7)%AFFO(a)(b)$446$479 $(33)(7)%AFFO per share(a)(b)$1.02$1.10 $(0.08)(7)% (a)Excludes amounts related to the Fiber B...

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