Quarterly Financial Data

12 Months Ended

Dec. 31, 2023

22.QUARTERLY FINANCIAL DATA (unaudited)



	Quarter Ended
	December 31,		September 30,		June 30,		March 31,
	2023		2023		2023		2023
	(in thousands, except per share amounts)
Revenues	$	675,024	$	682,544	$	678,500	$	675,516
Operating income		209,687		248,604		241,227		224,141
Depreciation, accretion, and amortization		(171,400)		(180,674)		(181,820)		(182,415)
Net income attributable to SBA Communications Corporation		109,528		87,419		203,648		101,217

Net income per common share - basic	$	1.01	$	0.81	$	1.88	$	0.94
Net income per common share - diluted		1.01		0.80		1.87		0.93

	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

Because net income 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 net income per share amounts for the year.