SBA Communications (SBAC) Misses Q3 EPS by 11c, Reveunes Beat; Offers FY18 Revenue Outlook

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SBA Communications Corporation Reports Third Quarter 2018 Results

November 5, 2018 4:01 PM EST

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 September 30, 2018.

Highlights of the third quarter include:

Net income of $16.1 million or $0.14 per share AFFO per share growth of 13.1% over the year earlier period on a constant currency basis Added 753 sites to our portfolio during the quarter Repurchased 1.6 million shares from July 1... More