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Sba Communications Corporation  (SBAC)
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Price: $216.7000 $2.49 1.162%
Day's High: $219.94 Week Perf: 0.78 %
Day's Low: $ 216.04 30 Day Perf: 8.38 %
Volume (M): 889 52 Wk High: $ 267.42
Volume (M$): $ 192,603 52 Wk Avg: $227.44
Open: $219.94 52 Wk Low: $185.73



 Market Capitalization (Millions $) 23,588
 Shares Outstanding (Millions) 109
 Employees 1,596
 Revenues (TTM) (Millions $) 2,712
 Net Income (TTM) (Millions $) 497
 Cash Flow (TTM) (Millions $) 62
 Capital Exp. (TTM) (Millions $) 237

Sba Communications Corporation
SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure in North, Central, and South America. The company was founded in 1989 by Paul C. Dykstra and is headquartered in Boca Raton, Florida.

SBA Communications operates over 33,000 wireless communication sites in 14 countries across the Americas. The companyes infrastructure includes multi-tenant towers, rooftop installations, and small cell networks. The company offers services to wireless service providers, governments, broadcasters, and other organizations that need wireless infrastructure solutions.

SBA Communicationse portfolio of sites includes unique colocation opportunities for wireless carriers, allowing them to share the infrastructure with other tenants. This helps to optimize the use of the infrastructure while reducing overall costs. Additionally, the company offers site development services, including zoning and permitting, construction, and maintenance.

SBA Communicationse business model is heavily focused on long-term leases with wireless carriers, providing the company with stable and predictable cash flows. As a result, the company has been able to deliver strong financial results and grow its business over time.

The company is also committed to sustainability and incorporates environmentally responsible practices into its operations. It has implemented measures to reduce energy consumption, greenhouse gas emissions, and waste production.

Recently, SBA Communications has also been expanding into the development of small cell networks, which are crucial for the deployment of 5G technology. The companyes experience and expertise in wireless infrastructure make it well-positioned to capitalize on the opportunities presented by 5G.

Overall, SBA Communications Corporation is a significant player in the telecommunications industry, providing critical infrastructure to support the growth of wireless communications across the Americas.


   Company Address: 8051 Congress Avenue Boca Raton 33487 FL
   Company Phone Number: 995-7670   Stock Exchange / Ticker: NASDAQ SBAC
   


   

Stock Performances by Major Competitors

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Sba Communications Corporation

Real Estate Investment Trusts Company Sees Revenue Softening in Q4 of 2023

The recent financial results of SBA Communications Corporation (NASDAQ: SBAC) show a mixed bag of outcomes. While revenue decreased year on year, the company was able to achieve growth in earnings per share and net earnings. This demonstrates SBA's ability to maintain profitability despite challenges in the market.
The increase in income per share by 5.91% shows that SBA is effectively managing its expenses and operations to improve bottom-line performance. The net earnings of $109.529 million in the most recent fiscal period is a positive sign of the company's financial health, marking a 6.77% increase from the previous year.

Management Changes

SBA Communications Announces Executive Officer Retirement and Appointments, Reflecting Strong Performance Amid Market Challenges

Published Fri, Feb 2 2024 1:50 PM UTC



SBA Communications Corporation (NASDAQ: SBAC), a leading provider of wireless communication infrastructure, has recently announced significant changes in its executive team. The retirement of Executive Vice President Jason Silberstein, effective August 1, 2024, marks the end of a remarkable career, while the promotion of Donald Day to Silberstein's position highlig...

Financing Agreement

SBA Communications Completes $4.05 Billion Senior Secured Financing to Fuel Growth and Enhance Financial Position

Published Thu, Jan 25 2024 9:01 PM UTC

BOCA RATON, Fla. - SBA Communications Corporation (NASDAQ: SBAC) (SBA or the Company) has secured $2.3 billion in a new senior secured Term Loan B and extended the maturity of its existing Revolving Credit Facility. The seven-year Term Loan, issued at 99.75% of par value, along with the extended and increased five-year Revolving Credit Facility, now provides the company with...

Sba Communications Corporation

SBA Communications Corporation Reports Declining Income Despite Marginal Revenue Growth in Q3 2023



SBA Communications Corporation, a prominent Real Estate Investment Trusts (REITs) company, has experienced a downfall in its income despite a marginal revenue improvement of 1.03% in the most recent fiscal period. This decline raises concerns among investors and analysts who have been closely monitoring the company's financial performance. Let us examine SBA Communications Corporation's performance in context, considering the performance of its peers and recent market movements.
Income Demise and Revenue Improvement:
In the most recent fiscal period, SBA Communications Corporation witnessed a significant decline in income, with a staggering -12.09% drop compared to the comparable financial reporting period a year ago. The company's third quarter revenue stood at $682.54 million, and earnings per share were recorded at $0.80. These figures, although showing slight revenue growth, failed to prevent the decline in income.

Sba Communications Corporation

Sba Communications Corporation Reports Staggering 192.19% Profit Surge Amid April to June 2023 Span, Outperforming Sector Peers


Introduction
SBA Communications Corporation, a Real Estate Investment Trust (REIT) specializing in wireless communications infrastructure, reported impressive financial results for the April to June 30, 2023 period. With significant growth in both net profit per share and revenue, the company has outperformed its peers in the sector.
Net Profit and Revenue Surge
SBA Communications Corporation witnessed a remarkable improvement in net profit per share, with a significant increase of 192.19% to $1.87 per share compared to the same quarter last year. This exceptional growth is indicative of the company's excellent financial health and sustained profitability.
The revenue also experienced slight but noteworthy growth of 4.063%, reaching $678.50 million for the same period. While the overall REITs sector reported a 3.56% increase in top-line revenue, SBA Communications Corporation surpassed this figure, highlighting its strong position within the market.






 

Sba Communications's Segments
 
 
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Sba Communications does not provide revenue guidance.

Earnings Outlook
Sba Communications Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion




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