Quarterly Financial Data

12 Months Ended

Dec. 31, 2022

22.QUARTERLY FINANCIAL DATA (unaudited)



	Quarter Ended
	December 31,		September 30,		June 30,		March 31,
	2022		2022		2022		2022
	(in thousands, except per share amounts)
Revenues	$	686,094	$	675,584	$	652,006	$	619,770
Operating income		234,664		242,987		230,978		216,779
Depreciation, accretion, and amortization		(183,036)		(173,825)		(176,392)		(174,323)
Net income attributable to SBA Communications Corporation		103,281		100,009		69,516		188,623

Net income per common share - basic	$	0.96	$	0.93	$	0.64	$	1.75
Net income per common share - diluted		0.94		0.91		0.64		1.72

	Quarter Ended
	December 31,		September 30,		June 30,		March 31,
	2021		2021		2021		2021
	(in thousands, except per share amounts)
Revenues	$	595,262	$	589,305	$	575,528	$	548,739
Operating income		197,376		211,776		199,764		173,579
Depreciation, accretion, and amortization		(169,895)		(170,916)		(175,469)		(183,881)
Net income (loss) attributable to SBA Communications Corporation		48,902		47,798		152,669		(11,745)

Net income (loss) per common share - basic	$	0.45	$	0.44	$	1.40	$	(0.11)
Net income (loss) per common share - diluted		0.44		0.43		1.37		(0.11)

Because net income (loss) per share amounts are calculated using the weighted-average number of common and dilutive common shares outstanding during each quarter, the sum of the per share amounts for the four quarters may not equal the total income (loss) per share amounts for the year.