---
schema_version: "secwatch.filing_event.v1"
accession: "0000821130-23-000027"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:45:28.930522+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UScellular Q1 revenue falls to $986M; net income drops to $13M from $49M YoY

## Summary
- Total operating revenues $986M vs $1,010M YoY; service revenues $767M vs $787M.
- Net income $13M ($0.15 diluted EPS) vs $49M ($0.57) in Q1 2022.
- Postpaid subscriber trends improved but net losses persisted; fixed wireless and towers strong.
- Full-year 2023 guidance reaffirmed: service rev $3.05B-$3.15B, capex $600M-$700M, adj. EBITDA $875M-$1.025B.

## SEC filing metadata
- accession: 0000821130-23-000027
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821130/000082113023000027/0000821130-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000082113023000027/usm-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821130-23-000027
- JSON: https://secwatch.observer/filing/0000821130-23-000027.json
- Plain text: https://secwatch.observer/filing/0000821130-23-000027.txt

## Key facts
- Earnings Releases
  ARRAY DIGITAL INFRASTRUCTURE, INC. reported first quarter of 2023 results: revenue $986 million, net income $13 million, EPS $0.15. Guidance reaffirmed.
  - Period: first quarter of 2023
  - Revenue: $986 million
  - Net income: $13 million
  - EPS: $0.15
  - Guidance: reaffirmed
  - Result: reported results
  source text: UScellular reports first quarter 2023 results 2023 guidance reaffirmed CHICAGO (May 4, 2023) — United States Cellular Corporation (NYSE:USM) reported total operating revenues of $986 million for the first quarter of 2023, versus $1,010 million for the same period one year ago. Service revenues totaled $767 million, versus $787 million for the same period one year
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113023000027/0000821130-23-000027-index.htm

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