SBA Communications (SBAC) Tops Q1 EPS by 1c, Revenues Beat; Raises FY19 Revenue, Adjusted EBITDA & AFFO Outlook

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Go back to SBA Communications (SBAC) Tops Q1 EPS by 1c, Revenues Beat; Raises FY19 Revenue, Adjusted EBITDA & AFFO Outlook

SBA Communications Corporation Reports First Quarter 2019 Results; Updates Full Year 2019 Outlook

April 29, 2019 4:01 PM EDT

BOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended March 31, 2019.

Highlights of the first quarter include:

Strong leasing and services results Net income of $26.0 million or $0.23 per share AFFO per share growth of 14.6% over the year earlier period on a constant currency basis Increased 2019 Outlook for Revenue, Adjusted EBITDA and AFFO... More