SBA Q3 net income $255.9M, AFFO $3.32; acquires 7,000+ Millicom sites for ~$975M

SBA COMMUNICATIONS CORP

2024-Q3 EPS reported $5.33 revenue$1,985,934,000

Q3 net income $255.9M, diluted EPS $2.40; AFFO per share $3.32.
Agreed to purchase over 7,000 communication sites in Central America from Millicom for ~$975M cash; expected close in 2025.
Acquired sites expected to generate ~$129M revenue and $89M tower cash flow in first full year.
Full year 2024 outlook increased across all key metrics; quarterly dividend $0.98/share declared.
Issued $2.07B Tower Securities at blended 4.778%, repriced $2.3B Term Loan B 25bps lower.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.