SBAC Q1 2020 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$20B

Q1 2020 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$517M+4.8% YoY

Gross Profit

$398M76.9% margin

Operating Income

$151M29.2% margin

Net Income

-$127M-24.6% margin

EPS (Diluted)

$-1.14

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$278M

Free Cash Flow

$238M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$13.7B

Stockholders' Equity

-$4.3B

Cash & Equivalents

$184M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$517M	$493M	+4.8%
Gross Profit	$398M	$367M	+8.4%
Operating Income	$151M	$139M	+8.6%
Net Income	-$127M	$26M	-588.9%

Revenue Segments

Domestic Site Leasing Revenue

$386M75%

International Site Leasing Revenue

$106M21%

Site Development Construction

$25M5%