Evercore ISI Downgrades SBA Communications (SBAC) to Hold
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SBA Communications Corporation Reports 3rd Quarter 2015 Results; Provides 4th Quarter, Updated Full Year 2015 Outlook and Initial 2016 Outlook
November 4, 2015 4:01 PM ESTBOCA RATON, Fla., Nov. 04, 2015 (GLOBE NEWSWIRE) -- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended September 30, 2015. Highlights of the results include:
Solid growth on a constant currency basis, including strong AFFO per share growthContinued expansion of Tower Cash Flow and Adjusted EBITDA Margins$250.0 million of stock repurchasesPurchased or built 352 new communications sitesWe executed very well once again in the third quarter,... More
