SBAC Q1 2019 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$20B

Q1 2019 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$493M+7.6% YoY

Gross Profit

$367M74.4% margin

Operating Income

$139M28.2% margin

Net Income

$26M5.3% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$222M

Free Cash Flow

$186M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$12.6B

Stockholders' Equity

-$3.3B

Cash & Equivalents

$118M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$493M	$458M	+7.6%
Gross Profit	$367M	$340M	+8.0%
Operating Income	$139M	$130M	+7.2%
Net Income	$26M	$32M	-17.6%

Revenue Segments

Domestic Site Leasing Revenue

$363M74%

International Site Leasing Revenue

$89M18%

Site Development Construction

$41M8%