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 Corporation (NASDAQ: SBAC) is set to announce its second quarter results on August 1, 2022, after market close. A conference call will follow at 5:00 PM EDT to discuss the results. Investors can access the call by dialing 877-692-8955 with the access code 3362526. A replay will be available starting August 1, 2022, at 11:00 PM until August 15, 2022. SBA is recognized as a prominent independent operator of wireless communications infrastructure with over 35,000 sites across various global markets.
SBA Communications Corporation (NASDAQ: SBAC) announced the upcoming retirements of Kurt L. Bagwell and Thomas P. Hunt, effective January 1, 2023. They will be succeeded by Richard Cane and Joshua Koenig, both experienced SBA veterans. Cane, with over 35 years in telecommunications, has been with SBA since 2019, while Koenig has held various roles since joining in 2010. Their transitions aim to ensure continued growth and shareholder value, with both retiring executives remaining until March 2023 for support.
SBA Communications Corporation (NASDAQ: SBAC) will have its President and CEO, Jeffrey A. Stoops, speaking at the RBC Global Communications Infrastructure Conference on Tuesday, May 24, 2022, at 2:40 PM MDT. The conference is set to take place at The Jacquard Hotel in Denver, Colorado. Investors and interested parties can access the audio presentation on the company's website. SBA operates a vast portfolio of over 35,000 communications sites across 16 markets in the Americas, Africa, and the Philippines, making it a leading independent owner and operator of wireless communications infrastructure.
SBA Communications Corporation (NASDAQ: SBAC) announced that its President and CEO, Jeffrey A. Stoops, will speak at the JP Morgan 50th Annual Global Technology, Media and Communications Conference on May 23, 2022, at 11:20 AM ET. The event will take place at The Westin Boston Seaport District in Boston, Massachusetts. Interested parties can access the audio presentation via www.sbasite.com. SBA is a leading operator of wireless communications infrastructure with over 35,000 sites across the Americas, Africa, and the Philippines, and is a top REIT by market capitalization.
SBA Communications Corporation (NASDAQ: SBAC) announced that Chief Financial Officer, Brendan Cavanagh, will present at the Ninth Annual MoffettNathanson Media & Communications Summit on May 19, 2022, at 1:00 PM ET. The event will be virtual, and audio access is available via www.sbasite.com. SBA Communications is a prominent independent owner and operator of wireless communications infrastructure, with over 35,000 sites across the Americas, Africa, and the Philippines, and is part of the S&P 500.
SBA Communications Corporation (Nasdaq: SBAC) reported strong Q1 2022 results with a net income of $188.3 million or $1.72 per share, and a 12.9% revenue growth totaling $619.7 million. The company announced a quarterly cash dividend of $0.71 per share, payable on June 14, 2022. AFFO per share increased 14.7% to $2.96. Strong demand for 5G network support and international growth were highlighted. The company repurchased 1.3 million shares at an average price of $332.00.
SBA Communications Corporation (NASDAQ: SBAC) will release its first-quarter results on April 25, 2022, after market close. A conference call to discuss these results is scheduled for the same day at 5:00 PM (EDT). Investors can join the call by dialing 844-867-6169 with access code 1653120. A replay is available starting at 11:00 PM (EDT) on April 25, running until 12:00 AM (EDT) on May 9. For more details, visit www.sbasite.com.
SBA Communications Corporation (NASDAQ: SBAC) announced the election of Jay L. Johnson as an independent director, effective March 28, 2022. Johnson, currently the CFO of Lamar Advertising (NASDAQ: LAMR), brings extensive experience in the Real Estate Investment Trust (REIT) sector and media. His background includes leadership roles at DiamondRock Hospitality and Host Hotels & Resorts. This appointment is seen as beneficial amidst ongoing innovations in wireless infrastructure and aims to enhance the Board's expertise.
SBA Communications Corporation (NASDAQ: SBAC) announced that its CEO, Jeffrey A. Stoops, will speak at the 30th Annual Deutsche Bank Media, Internet and Telecom Conference on March 15, 2022, at 11:50 AM ET. The event will be held at The Breakers Hotel in Palm Beach, Florida. Interested participants can access the audio presentation via www.sbasite.com. SBA Communications is a top independent operator of wireless communications infrastructure, with over 35,000 sites across the Americas, Africa, and the Philippines.
SBA Communications Corporation (NASDAQ: SBAC) has announced that its President and CEO, Jeffrey A. Stoops, is scheduled to speak at the 2022 Citi Global Property CEO Conference on March 7, 2022, at 11:15 AM ET. The conference will take place at The Diplomat Resort & Spa in Hollywood, Florida. Interested participants can access the audio presentation on the company's official website at www.sbasite.com.
SBA Communications is a leading independent operator of wireless communications infrastructure, managing over 35,000 sites across multiple regions.