$SBAC: SBA Communications Reports Q3 AFFO/Share Down 3.3% to $3.19

$SBAC

$SBAC – SBA Communications Reports Q3 AFFO/Share Down 3.3% to $3.19

SBA COMMUNICATIONS CORP

2026-11-02 00:00:00 UTC · SEC_8K · All $SBAC

?? Negative AI Sentiment (-2.5 / 10)

Total site leasing revenue rose 1.4% to $665.4M, while site development revenue slumped 36.0% to $48.5M.
AFFO decreased 5.0% year-over-year to $337.3M, resulting in AFFO per share of $3.19 (vs. $3.30 prior year).
Adjusted EBITDA fell 1.1% to $488.1M with Net Income dropping to $231.3M ($2.19/share).