Crown Castle International Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company has posted total net revenue was $798,421,000 against $674,087,000 a year ago. Operating income was $233,948,000 against $208,708,000 a year ago. Profit before income tax was $87,696,000 against loss before income tax was $80,267,000 a year ago. Net loss was $22,678,000 against $9,644,000 a year ago. Net loss attributable to common stockholders was $34,907,000 or $0.11 diluted per share against $19,505,000 or $0.07 diluted per share a year ago. AFFO increased 48% to $359,000,000 in fourth quarter 2013 compared to $243,000,000 in the fourth quarter of 2012. AFFO per share increased 35% to $1.12 in the fourth quarter of 2013 compared to $0.83 in the fourth quarter of 2012. Adjusted EBITDA was $468.4 million against $413.9 million a year ago.

For the year, the company has posted total net revenue was $3,022,384,000 against $2,432,680,000 a year ago. Operating income was $921,803,000 against $834,681,000 a year ago. Profit before income tax was $292,529,000 against $100,827,000 a year ago. Net income was $93,901,000 against $200,888,000 a year ago. Net income attributable to common stockholders was $78,748,000 or $0.26 diluted per share against $185,955,000 or $0.64 diluted per share a year ago. Net cash provided by operating activities was $1,237,656,000 against $772,557,000 a year ago. Capital expenditures were $567,810,000 against $441,383,000 a year ago. AFFO increased $386,000,000, or 44%, from $886,000,000 for full year 2012 to $1,270,000,000 for full year 2013. AFFO per share increased 40% to $4.25 in full year 2013 compared to $3.04 for full year 2012. Adjusted EBITDA was $1,794.10 million against $1,552.70 million a year ago.

For the first quarter of 2014, the company expects adjusted EBITDA to be $509 million to $514 million, FFO to be $321 million to $326 million; AFFO to be $370 million or $1.11 per share to $375 million or $1.13 per share; and net income attributable to company to be $78 million or $0.23 diluted per share to $111 million or $0.33 diluted per share.

For the year 2014, the company expects adjusted EBITDA to be $2,040 million to $2,055 million; FFO to be $1,284 million or $4.49 per share to $1,299 million or $4.54 per share; and net income attributable to company of $338 million or $1.02 diluted per share to $422 million or $1.27 diluted per share.