SBAC Q3 2019 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$20B

Q3 2019 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$508M+8.6% YoY

Gross Profit

$379M74.7% margin

Operating Income

$154M30.3% margin

Net Income

$22M4.3% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$239M

Free Cash Flow

$200M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$9.2B

Total Liabilities

$12.7B

Stockholders' Equity

-$3.6B

Cash & Equivalents

$129M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$508M	$467M	+8.6%
Gross Profit	$379M	$347M	+9.2%
Operating Income	$154M	$138M	+11.5%
Net Income	$22M	$16M	+34.3%

Revenue Segments

Domestic Site Leasing Revenue

$375M74%

International Site Leasing Revenue

$94M18%

Site Development Construction

$39M8%