SBA Communications (SBAC) PT Lowered to $397 at Goldman Sachs
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SBA Communications Corporation Reports Fourth Quarter 2021 Results; Provides Full Year 2022 Outlook; and Declares Quarterly Cash Dividend
February 28, 2022 4:01 PM ESTBOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended December 31, 2021.
Highlights of the fourth quarter include:
Net income of $48.9 million or $0.44 per share AFFO per share increased 13.3% over the prior year period on a constant currency basis Total revenue of $595.3 million, an 11.1% growth over the prior year period Repurchased 1.8 million shares cumulatively in the fourth quarter and subsequent to quarter... More