SBA Communications (SBAC) Misses Q4 EPS by 50c

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Go back to SBA Communications (SBAC) Misses Q4 EPS by 50c

SBA Communications Corporation Reports Fourth Quarter 2024 Results; Provides Full Year 2025 Outlook; and Declares Quarterly Cash Dividend

February 24, 2025 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, 2024.

Highlights of the fourth quarter include:

Net income of $178.8 million or $1.61 per share Industry-leading AFFO per share of $3.47 Quarter-ending Net Debt to Annualized Adjusted EBITDA leverage ratio lowest in company history Industry-leading dividend growth

In addition, the Company announced today that its Board of Directors has declared a quarterly cash dividend... More