---
schema_version: "secwatch.filing_event.v1"
accession: "0000821130-23-000006"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:58:32.911888+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UScellular reports Q4 net loss, full-year earnings drop; provides cautious 2023 outlook

## Summary
- Q4 2022 operating revenues $1,048M (down 1.9% YoY); net loss $28M ($0.33 loss per share) vs profit $27M ($0.31) a year ago.
- Full year 2022 net income $30M ($0.35 EPS) down from $155M ($1.77 EPS) despite revenue increase to $4,169M from $4,122M.
- 2023 guidance: service revenues $3,050-3,150M, adjusted EBITDA $875-1,025M, capex $600-700M; mostly below 2022 actuals.
- Fixed wireless connections grew over 50% in 2022; tower revenues posted double-digit percentage growth.

## SEC filing metadata
- accession: 0000821130-23-000006
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821130/000082113023000006/0000821130-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000082113023000006/usm-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821130-23-000006
- JSON: https://secwatch.observer/filing/0000821130-23-000006.json
- Plain text: https://secwatch.observer/filing/0000821130-23-000006.txt

## Key facts
- Earnings Releases
  ARRAY DIGITAL INFRASTRUCTURE, INC. reported FY 2022 results: revenue $4,169 million, net income $30 million, EPS $0.35.
  - Period: FY 2022
  - Revenue: $4,169 million
  - Net income: $30 million
  - EPS: $0.35
  - Result: reported results
  source text: UScellular reported total operating revenues of $4,169 million and $4,122 million for the years ended 2022 and 2021, respectively. Net income attributable to UScellular shareholders and related diluted earnings per share were $30 million and $0.35, respectively, for the year ended 2022 compared to $155 million and $1.77, respectively, for the year ended 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113023000006/0000821130-23-000006-index.htm
- Earnings Releases
  ARRAY DIGITAL INFRASTRUCTURE, INC. reported Q4 2022 results: revenue $1,048 million, net income $(28) million, EPS $(0.33).
  - Period: Q4 2022
  - Revenue: $1,048 million
  - Net income: $(28) million
  - EPS: $(0.33)
  - Result: reported results
  source text: reported total operating revenues of $1,048 million for the fourth quarter of 2022, versus $1,068 million for the same period one year ago. Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $(28) million and $(0.33), respectively, for the fourth quarter of 2022 compared to $27 million and $0.31, respectively, in the same period one year ago
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113023000006/0000821130-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.