SBA Communications (SBAC) Tops Q2 FFO by 6c

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Go back to SBA Communications (SBAC) Tops Q2 FFO by 6c

SBA Communications Corporation Reports 2nd Quarter 2017 Results; Updates Full Year 2017 Outlook

July 31, 2017 4:01 PM EDT

BOCA RATON, Fla., July 31, 2017 (GLOBE NEWSWIRE) -- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended June 30, 2017.

Highlights of the second quarter include:

Increased Full Year OutlookNet income of $9.2 million or $0.08 per shareAFFO per share growth of 17% over the year earlier period, excluding the impact of the 2016 Oi reserveRepurchased 1.9 million shares through July 31, 2017

The... More