SBAC Q1 2017 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$20B

Q1 2017 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$423M+5.9% YoY

Gross Profit

$309M73.1% margin

Operating Income

$108M25.5% margin

Net Income

$38M8.9% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$172M

Free Cash Flow

$137M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$9.2B

Stockholders' Equity

-$1.9B

Cash & Equivalents

$132M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$423M	$400M	+5.9%
Gross Profit	$309M	$294M	+5.2%
Operating Income	$108M	$98M	+10.5%
Net Income	$38M	$54M	-29.9%

Revenue Segments

Domestic Site Leasing Revenue

$321M76%

International Site Leasing Revenue

$76M18%

Site Development Construction

$26M6%