SBA Communications Corp (SBAC) Reports Q2 FFO of $1.42, Offers Guidance

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Go back to SBA Communications Corp (SBAC) Reports Q2 FFO of $1.42, Offers Guidance

SBA Communications Corporation Reports 2nd Quarter 2015 Results; Provides 3rd Quarter and Updated Full Year 2015 Outlook

July 29, 2015 4:01 PM EDT

BOCA RATON, Fla., July 29, 2015 (GLOBE NEWSWIRE) -- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended June 30, 2015. Highlights of the results include:

Second quarter over year earlier period:

Site leasing revenue growth of 9%Tower Cash Flow growth of 10%Net income increased from a $9.5 million loss to $28.3 million in incomeAdjusted EBITDA growth of 9%AFFO Per Share growth of 8%... More