SBA Communications (SBAC) Tops Q2 EPS by 69c

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Go back to SBA Communications (SBAC) Tops Q2 EPS by 69c

SBA Communications Corporation Reports Second Quarter 2021 Results; Updates Full Year 2021 Outlook; and Declares Quarterly Cash Dividend

August 2, 2021 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 June 30, 2021.

Highlights of the second quarter include:

Net income of $152.7 million or $1.37 per share AFFO per share growth of 15.3% over the prior year period Total revenue of $575.5 million Issued $1.165 billion of Tower Securities at an interest rate of 1.631% Completed extension and expansion of $1.5 billion Revolving Credit Facility subsequent to quarter... More