Wireless carriers are navigating an uncertain economy, and sticky inflation has forced them to keep a tight leash on their budgets, hitting demand for companies such as SBA Communications.
SBA Communications cut its
annual revenue forecast on Monday, as slowing wireless carrier
activity is expected to hit demand for the wireless tower
operator s communications infrastructure. .
SBA Communications Corporation today reported results for the quarter ended March 31, 2024.
Highlights of the first quarter include:
Net income of $154.5 million or $1.42 per share
AFFO per.
29.04.2024 - SBA Communications Corporation (Nasdaq: SBAC) ( SBA or the Company ) today reported results for the quarter ended March 31, 2024. Highlights of the first quarter include: Net income of $154.5 million or $1.42 per share AFFO per share of $3.29, .
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