secwatch.observer — SEC 8-K summary
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Issuer:     SBA COMMUNICATIONS CORP (SBAC)
CIK:        0001034054
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001193125-26-076767
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SBA Communications Q4 net income $370M, EPS $3.47; dividend raised 13% to $1.25
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- Q4 net income $370.4M ($3.47 diluted EPS); AFFO per share $3.19, down 8% YoY.
- Site leasing revenue $666.2M (+3.1% YoY); site development revenue $53.4M (+12.7%).
- Dividend increased 13% to $1.25/share quarterly; payable March 27 to holders of record March 13.
- Repurchased 916k shares at avg $191.00 ($175M); closed majority of Millicom sites in Central America.
- FY2026 guidance excludes all contracted EchoStar revenue due to dispute; expects steady contributions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034054/000119312526076767/0001193125-26-076767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034054/000119312526076767/d106126d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-076767

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