SBA Communications Corp (SBAC) Tops Q4 EPS by 2c, Offers Q1 & FY Guidance

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SBA Communications Corporation Reports 4th Quarter 2015 Results; Provides 1st Quarter and Updated Full Year 2016 Outlook

February 25, 2016 4:01 PM EST

BOCA RATON, Fla., Feb. 25, 2016 (GLOBE NEWSWIRE) -- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended December 31, 2015. Highlights of the results include:

Steady growth of AFFO per share on a constant currency basisAdjusted EBITDA Margin approaches 70%Continued stock repurchasesPurchased or built 392 new communications sites

We had a solid end of the year, commented Jeffrey A. Stoops, President and Chief Executive Officer. Wireless carriers were active with... More