SBA Communications Corporation Reports 2nd Quarter 2016 Results; Provides 3rd Quarter and Updated Full Year 2016 Outlook

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Go back to SBA Communications Corporation Reports 2nd Quarter 2016 Results; Provides 3rd Quarter and Updated Full Year 2016 Outlook

SBA Communications (SBAC) Tops Q2 FFO by 1c, Offers Guidance

July 28, 2016 4:13 PM EDT

SBA Communications (NASDAQ: SBAC) reported Q2 FFO of $1.48, $0.01 better than the analyst estimate of $1.47. Revenue for the quarter came in at $405.5 million versus the consensus estimate of $403.6 million.

GUIDANCE:

SBA Communications sees Q3 2016 revenue of $406.5-416.5 million, versus the consensus of... More