{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-199109","form_type":"8-K","ticker":"SBAC","cik":"0001034054","company_name":"SBA COMMUNICATIONS CORP","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.939882+00:00","generated_at":"2026-06-12T21:39:03.562550+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"SBA Communications Q2 net income $202M; AFFO $3.24; raises FY outlook, new AT&T MLA","bullets":["Net income $202.0M ($1.87 diluted EPS); AFFO per share $3.24; site leasing revenue $626.1M (+7.9% YoY).","Full year 2023 outlook increased for Site Leasing Revenue, Tower Cash Flow, Adjusted EBITDA, and AFFO.","Declares quarterly cash dividend of $0.85/share, payable Sep 20, 2023 to record Aug 24, 2023.","Enters new long-term master lease agreement with AT&T to streamline 5G deployment across SBA's US tower portfolio.","Net debt to Adjusted EBITDA 6.6x (lowest in decades); used discretionary spending to retire floating-rate debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-199109","json":"https://secwatch.observer/filing/0001193125-23-199109.json","markdown":"https://secwatch.observer/filing/0001193125-23-199109.md","text":"https://secwatch.observer/filing/0001193125-23-199109.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523199109/0001193125-23-199109-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523199109/d505105d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T21:39:03.562550+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"608fcf03296926ef942e5f1b9ef7f842724a1545","claim":"SBA COMMUNICATIONS CORP reported the quarter ended June 30, 2023 results: revenue $626.1 million, net income $202.0 million, EPS $1.87 per share. Guidance raised.","evidence_excerpt":"SBA Communications Corporation (Nasdaq: SBAC) (“SBA” or the “Company”) today reported results for the quarter ended June 30, 2023. Highlights of the second quarter include: • Net income of $202.0 million or $1.87 per share • AFFO per share of $3.24 • Site leasing revenue of $626.1 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523199109/0001193125-23-199109-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$626.1 million"},{"label":"Net income","value":"$202.0 million"},{"label":"EPS","value":"$1.87 per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}