SBA Communications (SBAC) Tops Q1 EPS by 1c, Revenues Beat; Raises FY19 Revenue, Adjusted EBITDA & AFFO Outlook
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SBA Communications Corporation Reports First Quarter 2019 Results; Updates Full Year 2019 Outlook
April 29, 2019 4:01 PM EDTBOCA 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