SBA Communications Reports Q2 2024 Net Income of $159.5M, AFFO per Share $3.29, Declares $0.98 Dividend

SBA COMMUNICATIONS CORP

2024-Q2 EPS reported $2.93 revenue$1,318,339,000

Net income of $159.5 million or $1.51 per diluted share for Q2 2024
AFFO per share of $3.29, up 1.5% from Q2 2023
Quarter-ending Net Debt to Annualized Adjusted EBITDA leverage ratio of 6.4x
Board declared quarterly cash dividend of $0.98 per share, payable September 18, 2024
CEO Brendan Cavanagh cited solid US leasing activity and increased international leasing

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