UScellular reports Q3 net loss of $12M, diluted EPS -$0.15; rev $1,083M, service rev $781M; 2022 guidance narrowed

ARRAY DIGITAL INFRASTRUCTURE, INC.

2022-Q3 EPS reported $0.67 revenue$3,120,000,000

Net loss attributable to shareholders $12M vs net income $34M YoY; diluted EPS -$0.15 vs $0.38.
Total operating revenues $1,083M (+6.6% YoY); service revenues $781M (-0.9% YoY).
CEO cites challenging postpaid subscriber growth but strong ARPU and fixed wireless momentum.
FY 2022 guidance: service rev $3,100-$3,150M (prev $3,100-$3,200M); Adjusted EBITDA $925-$1,000M (prev $925-$1,075M).
Adjusted OIBDA guided $750-$825M (prev $750-$900M); all narrowed ranges reflect lower expectations.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ARRAY DIGITAL INFRASTRUCTURE, INC. reported the third quarter of 2022 results: revenue total operating revenues of $1,083 million, net income Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $(12) milli, EPS $(0.15). Guidance reaffirmed.

Period: the third quarter of 2022
Revenue: total operating revenues of $1,083 million
Net income: Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $(12) milli
EPS: $(0.15)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

IMMEDIATE RELEASE UScellular reports third quarter 2022 results CHICAGO (November 3, 2022) — United States Cellular Corporation (NYSE:USM) reported total operating revenues of $1,083 million for the third quarter of 2022, versus $1,016 million for the same period one year ago. Service revenues totaled $781 million, versus $788 million for the same period one year

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Source: SEC EDGAR

accession 0000821130-22-000047

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