SBAC Q2 2024 Update

SBA Communications (SBAC) provided their Q2 2024 update yesterday followed by the earnings calls.

I’m interested primarily in 4 things for this report:

1. Was SBAC repurchasing shares?

2. What is the change in guidance?

3. What is the reason for the change in guidance?

4. Any other signals about the industry beyond current-year impacts?

Shares Repurchased

There were some …