SBA Communications (SBAC) Reports Q3 FFO of 1.53

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Go back to SBA Communications (SBAC) Reports Q3 FFO of 1.53

SBA Communications Corporation Reports 3rd Quarter 2016 Results; Provides 4th Quarter Outlook and Updated Full Year 2016 Outlook

November 1, 2016 4:01 PM EDT

BOCA RATON, Fla., Nov. 01, 2016 (GLOBE NEWSWIRE) -- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended September 30, 2016.

The third quarter was another solid quarter for SBA, commented Jeffrey A. Stoops, President and Chief Executive Officer.  Organic leasing demand was steady, consistent with both the type and amount of customer activity experienced all year.  Amendment activity in the U.S. was very strong, with our customers adding to or modifying existing macro sites to refarm 2G and 3G uses to 4G LTE or to... More