SBAC Q4 2018 Earnings — SBA Communications Corporation Revenue & Financial Results | Market Cap Arena

SBACSBA Communications Corporation

$20B

Q4 2018 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$484M+9.2% YoY

Gross Profit

$360M74.4% margin

Operating Income

$150M31.1% margin

Net Income

$57M11.8% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$226M

Free Cash Flow

$182M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$10.6B

Stockholders' Equity

-$3.4B

Cash & Equivalents

$143M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$484M	$443M	+9.2%
Gross Profit	$360M	$323M	+11.4%
Operating Income	$150M	$119M	+26.2%
Net Income	$57M	$8M	+646.1%

Revenue Segments

Domestic Site Leasing Revenue

$358M74%

International Site Leasing Revenue

$87M18%

Site Development Construction

$39M8%