secwatch.observer — SEC 8-K summary
======================================

Issuer:     SBA COMMUNICATIONS CORP (SBAC)
CIK:        0001034054
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001193125-22-057959
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SBA Communications Q4 revenue up 11.1%; AFFO per share +13.3%; dividend +22%
----------------------------------------------------------------------------

- Total revenue $595.3M, up 11.1% YoY; site leasing revenue $539.4M (+9.4%).
- AFFO per share $2.81, up 12.9% reported (13.3% constant currency).
- Net income $48.9M ($0.44 diluted EPS) vs $105.8M in prior year.
- Quarterly dividend raised 22% to $0.71/share, payable March 25, 2022 to holders of record March 10.
- Repurchased 1.8M shares cumulatively in Q4 and after quarter end; FY 2022 guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034054/000119312522057959/0001193125-22-057959-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034054/000119312522057959/d187289d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-057959

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer