SBA Communications (SBAC) Tops Q4 EPS by 7c, Revenues Beat; Offers FY19 Revenue Guidance Below Consensus

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SBA Communications Corporation Reports Fourth Quarter 2018 Results

February 21, 2019 4:01 PM EST

Provides Full Year 2019 Outlook

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

Highlights of the fourth quarter include:

Net income of $57.2 million or $0.50 per share AFFO per share growth of 15.2% over the year earlier period on a constant currency basis Added 221 sites to our portfolio during the quarter, growing our portfolio 6.0% for the year Repurchased 2.2 million... More