SBA Communications (SBAC) Tops Q3 FFO by 1c

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SBA Communications Corporation Reports 3rd Quarter 2017 Results; Updates Full Year 2017 Outlook

October 30, 2017 4:01 PM EDT

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

Highlights of the third quarter include:

Increased Full Year OutlookNet income of $49.2 million or $0.41 per shareAFFO per share growth of 14% over the year earlier periodRepurchased 3.5 million shares from July 1 through October 30, 2017

The third quarter was another solid one for SBA,... More