WASHINGTON (dpa-AFX) - SBA Communications Corporation (SBAC) on Thursday
announced third-quarter revenue that beat the Street estimates, and Adjusted
funds from operations increased from last year.

The company reported a net income of $87.4 million or $0.80 per share for the
quarter, a decrease from last year's profit of $100.0 million or $0.91 per
share.

Adjusted funds from operations were $362.8 million or $3.33 per share, compared
to the income of $338.6 million or $3.09 per share the prior year.

Analysts on average had expected the company to earn $1.19 per share, according
to figures compiled by Thomson Reuters.

Revenue increased to $682.5 million from $675.6 million the previous year. It
beat the consensus estimate of $679.71 million.

The company expects full-year revenue between $2.70 billion to $2.73 billion,
and AFFO attributable to SBA Communications Corporation between $12.86 to $13.08
per share.



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