Increased 2025 Guidance
The company increased its full-year 2025 outlook, driven by higher demand for assets and improved operating efficiency, indicating strong financial performance.
Operational Efficiency Improvements
Improved margins in the services business by reducing operating costs and reduced full-year 2025 overhead costs by $10 million.
Solid Second Quarter Results
Delivered higher-than-expected second quarter results with 4.7% organic growth, a $6 million increase in services activity, and a $37 million decrease in SG&A.
Capital Allocation Framework Implementation
Progress on implementing the capital allocation framework by reducing the dividend per share to increase financial flexibility.
Higher Leasing Activity
Higher leasing activity driven by increased network capacity needs from wireless customers, suggesting robust demand.