SBAC Q1 2018 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$20B

Q1 2018 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$458M+8.3% YoY

Gross Profit

$340M74.2% margin

Operating Income

$130M28.4% margin

Net Income

$32M6.9% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$179M

Free Cash Flow

$147M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$10.0B

Stockholders' Equity

-$2.6B

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$458M	$423M	+8.3%
Gross Profit	$340M	$309M	+9.9%
Operating Income	$130M	$108M	+20.5%
Net Income	$32M	$38M	-16.1%

Revenue Segments

Domestic Site Leasing Revenue

$342M75%

International Site Leasing Revenue

$89M19%

Site Development Construction

$28M6%