SBAC Q2 2019 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$20B

Q2 2019 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$500M+9.6% YoY

Gross Profit

$373M74.6% margin

Operating Income

$136M27.3% margin

Net Income

$32M6.4% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$259M

Free Cash Flow

$222M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$12.6B

Stockholders' Equity

-$3.3B

Cash & Equivalents

$102M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$500M	$456M	+9.6%
Gross Profit	$373M	$339M	+10.1%
Operating Income	$136M	$126M	+8.4%
Net Income	$32M	-$57M	+155.7%

Revenue Segments

Domestic Site Leasing Revenue

$369M74%

International Site Leasing Revenue

$90M18%

Site Development Construction

$41M8%