SBA Communications (SBAC) Tops Q1 EPS by 71c

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Go back to SBA Communications (SBAC) Tops Q1 EPS by 71c

SBA Communications Corporation Reports First Quarter 2022 Results; Updates Full Year 2022 Outlook; and Declares Quarterly Cash Dividend

April 25, 2022 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, 2022.

Highlights of the first quarter include:

Net income of $188.3 million or $1.72 per share AFFO per share increased 14.7% over the prior year period Total revenue of $619.7 million, a 12.9% growth over the prior year period Repurchased 1.3 million shares in the first quarter at an average price per share of $332.00

In addition, the... More