SBA Communications Corp. Files Q2 2024 10-Q
Ticker: SBAC · Form: 10-Q · Filed: 2024-08-02T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, real estate
Related Tickers: SBAC
TL;DR
**SBAC Q2 10-Q FILED: Financials and updates for investors.**
AI Summary
SBA Communications Corp. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the second quarter of 2024. Key financial data and disclosures relevant to investors are presented.
Why It Matters
This filing provides investors with the latest financial performance data for SBA Communications Corp., crucial for understanding the company's health and making investment decisions.
Risk Assessment
Risk Level: medium — 10-Q filings are standard for public companies and contain a mix of routine financial data and potential risk disclosures.
Key Numbers
- Q2 2024 — Reporting Period (Financial results for the second quarter of 2024 are detailed.)
Key Players & Entities
- SBA COMMUNICATIONS CORP (company) — Filer of the 10-Q
- 20240630 (date) — End of the reporting period
- 20240802 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended June 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on August 2, 2024.
What is the company's fiscal year end?
SBA Communications Corp.'s fiscal year ends on December 31.
What is the company's SIC code?
The Standard Industrial Classification (SIC) code for SBA Communications Corp. is 6798, which falls under Real Estate Investment Trusts.
What is the company's state of incorporation?
SBA Communications Corp. is incorporated in Florida (FL).
From the Filing
0001034054-24-000009.txt : 20240802 0001034054-24-000009.hdr.sgml : 20240802 20240802140209 ACCESSION NUMBER: 0001034054-24-000009 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 97 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240802 DATE AS OF CHANGE: 20240802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SBA COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001034054 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 650716501 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 241170074 BUSINESS ADDRESS: STREET 1: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 5612269345 MAIL ADDRESS: STREET 1: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 10-Q 1 sbac-20240630x10q.htm 10-Q sbac-20240630x10q false --12-31 Q2 2024 0001034054 http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember http://fasb.org/us-gaap/2024#SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent 0001034054 us-gaap:SubsequentEventMember 2024-08-02 0001034054 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001034054 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2024-01-01 2024-06-30 0001034054 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2023-04-01 2023-06-30 0001034054 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2023-01-01 2023-06-30 0001034054 us-gaap:RetainedEarningsMember 2024-06-30 0001034054 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0001034054 us-gaap:RetainedEarningsMember 2024-03-31 0001034054 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001034054 us-gaap:RetainedEarningsMember 2023-12-31 0001034054 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001034054 us-gaap:RetainedEarningsMember 2023-06-30 0001034054 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-30 0001034054 us-gaap:RetainedEarningsMember 2023-03-31 0001034054 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001034054 2023-03-31 0001034054 us-gaap:RetainedEarningsMember 2022-12-31 0001034054 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001034054 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001034054 us-gaap:CommonClassAMember 2024-06-30 0001034054 us-gaap:RestrictedStockUnitsRSUMember 2024-06-30 0001034054 us-gaap:PerformanceSharesMember 2024-06-30 0001034054 us-gaap:RestrictedStockUnitsRSUMember 2023-12-31 0001034054 us-gaap:PerformanceSharesMember 2023-12-31 0001034054 us-gaap:RestrictedStockUnitsRSUMember 2024-01-01 2024-06-30 0001034054 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2024-04-01 2024-06-30 0001034054 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2024-01-01 2024-06-30 0001034054 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2023-04-01 2023-06-30 0001034054 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2023-01-01 2023-06-30 0001034054 country:BR sbac:InternationalSiteLeasingRevenueMember 2024-04-01 2024-06-30 0001034054 country:BR sbac:InternationalSiteLeasingRevenueMember 2024-01-01 2024-06-30 0001034054 country:BR sbac:InternationalSiteLeasingRevenueMember 2023-04-01 2023-06-30 0001034054 country:BR sbac:InternationalSiteLeasingRevenueMember 2023-01-01 2023-06-30 0001034054 sbac:SuretyBondsAndWorkersCompensationMember 2024-06-30 0001034054 sbac:SuretyBondsAndWorkersCompensationMember 2023-12-31 0001034054 sbac:SecuritizationEscrowAccountsMember 2024-