Michael Rollins
Analyst, Citi
Replay available
SBA Communications Corporation (NASDAQ: SBAC) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:01.786 -- 00:00:07.312 Welcome, and thank you all for joining the SBA fourth quarter 2025 results. 00:00:07.312 -- 00:00:12.477 I'll now turn it over to Louis Friend, Vice President of Finance and Capital Markets. 00:00:12.477 -- 00:00:14.279 Please go ahead, sir. 00:00:14.279 -- 00:00:19.584 Good evening, and thank you for joining us for SBA's fourth quarter 2025 earnings 00:00:19.584 -- 00:00:24.949 conference call. Here with me today are Brendan Cavanaugh, our President and Chief Executive 00:00:24.949 -- 00:00:29.393 Officer, and Marc Montagnier, our Chief Financial Officer. 00:00:29.393 -- 00:00:33.881 Some of the information we will discuss on this call is forward-looking, including but 00:00:33.881 -- 00:00:37.968 not limited to any guidance for 2026 and beyond. 00:00:37.968 -- 00:00:43.337 In today's press release and in our SEC filings, we detail material risks that may cause 00:00:43.337 -- 00:00:46.562 our future results to differ from our expectations. 00:00:46.562 -- 00:00:51.711 Our statements are as of today, February 26, and we have no obligation to update 00:00:51.711 -- 00:00:54.520 any forward-looking statements we may make. 00:00:54.520 -- 00:00:59.367 In addition, our comments will include non-GAAP financial measures and other key operating 00:00:59.367 -- 00:01:04.655 metrics. The reconciliation of and other information regarding these items 00:01:04.655 -- 00:01:09.142 can be found in our supplemental financial data package, which is located on the landing 00:01:09.142 -- 00:01:14.289 page of our investor relations website. With that, I will now turn over the call to Mark 00:01:14.289 -- 00:01:18.956 to comment on the fourth quarter results in our 2026 outlook. 00:01:18.956 -- 00:01:23.377 Thank you, Luis. The fourth quarter was a ...