SBA Communications (SBAC) Tops Q4 EPS by 42c, Revenues Beat

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Go back to SBA Communications (SBAC) Tops Q4 EPS by 42c, Revenues Beat

SBA Communications Corporation Reports Fourth Quarter 2020 Results; Provides Full Year 2021 Outlook; and Declares Quarterly Cash Dividend

February 22, 2021 4:01 PM EST

BOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended December 31, 2020.

Highlights of the fourth quarter include:

Net income of $105.8 million or $0.94 per share and site leasing revenue of $493.0 million AFFO per share growth of 18.8% over the year earlier period on a constant currency basis Repurchased 2.2 million shares cumulatively in the fourth quarter and subsequent to quarter end Signed a new master lease agreement with... More