SBA Communications (SBAC) Reports Q1 FFO of $1.85

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Go back to SBA Communications (SBAC) Reports Q1 FFO of $1.85

SBA Communications Corporation Reports First Quarter 2018 Results

April 30, 2018 4:01 PM EDT

Updates Full Year 2018 Outlook

BOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended March 31, 2018.

Highlights of the first quarter include:

Net income of $31.5 million or $0.27 per share AFFO per share of $1.85 Added 400 sites to our portfolio during the quarter Repurchased 1.8 million shares from January 1 through April 30, 2018 Completed expansion and refinancing... More