Welcome to our dedicated page for Sba Communications news (Ticker: SBAC), a resource for investors and traders seeking the latest updates and insights on Sba Communications stock.
SBA Communications Corporation reports developments for a wireless communications infrastructure REIT that owns tower sites and leases antenna space to mobile carriers across North America, South America and Africa. Recurring updates include quarterly results, REIT operating metrics, full-year outlooks, cash dividends on Class A common stock, leverage and debt disclosures, acquisitions of communication-site interests and land rights, and management presentations at technology, media, telecom and property conferences.
Company news also covers governance and capital-structure matters tied to SBA's tower portfolio and carrier-focused leasing model.
SBA Communications (NASDAQ: SBAC) announces that Brendan Cavanagh, President and CEO, will speak at the JP Morgan 52nd Annual Global Technology, Media, and Communications Conference on May 20, 2024. SBA is a leading owner/operator of wireless communications infrastructure with a portfolio of over 39,000 sites across 15 markets.
SBA Communications (NASDAQ: SBAC) announces that Marc Montagner, Chief Financial Officer, will speak at the MoffettNathanson 2024 Media and Communications Conference on May 14, 2024. SBA is a leading owner and operator of wireless communications infrastructure with over 39,000 sites. The organization is listed on NASDAQ under the symbol SBAC and is part of the S&P 500.
SBA Communications reported solid first quarter 2024 results with net income of $154.5 million and AFFO per share of $3.29, a 5.1% growth year-over-year. The company repurchased 0.9 million shares, declared a quarterly cash dividend of $0.98 per share, and updated its full year 2024 outlook. SBA remains well-positioned to benefit shareholders with a strong financial position and anticipated solid organic leasing growth.
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