{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-269367","form_type":"8-K","ticker":"SBAC","cik":"0001034054","company_name":"SBA COMMUNICATIONS CORP","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.959307+00:00","generated_at":"2026-06-08T23:10:35.691593+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 Q3 net income $85.4M; raises full-year guidance; declares $0.85 dividend","bullets":["Q3 net income $85.4M ($0.80 diluted EPS); AFFO per share $3.34, up 7.7% YoY.","Site leasing revenue $637.5M (+8.5% YoY); site development revenue $45.1M (-48.9% YoY).","Raised full-year 2023 guidance for site leasing revenue, Tower Cash Flow, Adjusted EBITDA, AFFO and AFFO per share.","Declared $0.85/share quarterly dividend, payable Dec 14; record Nov 16.","Repurchased $100M of common stock (0.5M shares) cumulative in Q3 and post-quarter; net debt/EBITDA 6.4x, lowest in decades."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-269367","json":"https://secwatch.observer/filing/0001193125-23-269367.json","markdown":"https://secwatch.observer/filing/0001193125-23-269367.md","text":"https://secwatch.observer/filing/0001193125-23-269367.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523269367/0001193125-23-269367-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523269367/d450780d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T23:10:35.691593+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":"d80ee660e109cfefba03fef9721cc9722113fc10","claim":"SBA COMMUNICATIONS CORP reported the quarter ended September 30, 2023 results: revenue $637.5 million, net income $85.4 million, EPS $0.80 per share. Guidance raised.","evidence_excerpt":"SBA Communications Corporation (Nasdaq: SBAC) (“SBA” or the “Company”) today reported results for the quarter ended September 30, 2023. Highlights of the third quarter include: • Net income of $85.4 million or $0.80 per share • AFFO per share of $3.34 • Site leasing revenue of $637.5 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523269367/0001193125-23-269367-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$637.5 million"},{"label":"Net income","value":"$85.4 million"},{"label":"EPS","value":"$0.80 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"}