Plus   Neg

SBA Communications Corp Q3 adjusted earnings of $1.92 per share

SBA Communications Corp (SBAC) reported earnings for third quarter that dropped from last year.

The company's profit came in at $16.14 million, or $0.14 per share. This compares with $49.16 million, or $0.41 per share, in last year's third quarter.

Excluding items, SBA Communications Corp reported adjusted earnings of $222.69 million or $1.92 per share for the period.

The company's revenue for the quarter rose 7.7% to $467.22 million from $433.95 million last year.

SBA Communications Corp earnings at a glance:

-Earnings (Q3): $222.69 Mln. vs. $211.25 Mln. last year.
-EPS (Q3): $1.92 vs. $1.75 last year.
-Revenue (Q3): $467.22 Mln vs. $433.95 Mln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT