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SBA Communications Q2 Adjusted FFO Falls, Revenue Rises; 2025 Outlook Lifted
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SBA Communications Q2 Adjusted FFO Falls, Revenue Rises; 2025 Outlook Lifted
Aug 4, 2025 1:42 PM

04:26 PM EDT, 08/04/2025 (MT Newswires) -- SBA Communications ( SBAC ) reported Q2 adjusted funds from operations late Monday of $3.17 per share, down from $3.29 a year earlier.

Analysts polled by FactSet expected an adjusted FFO of $3.11.

Revenue for the quarter that ended June 30 was $699.0 million, up from $660.5 million a year earlier.

Analysts surveyed by FactSet expected $671.0 million.

The company said it expects full-year 2025 adjusted FFO per share of $12.65 to $13.02, versus prior estimate of $12.53 to $12.90. Analysts surveyed by FactSet expect $12.77.

Revenue for the year is projected to be $2.78 billion to $2.83 billion, versus prior estimate of $2.72 billion to $2.76 billion. Analysts polled by FactSet expect $2.74 billion.

Additionally, the company kept the quarterly cash dividend at $1.11 per share, payable Sept. 18 to shareholders of record on Aug. 21.

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