earnings
confidence high
sentiment positive
materiality 0.75
UScellular Q3 net income $23M, rev down 11%; raises FY adjusted EBITDA guidance
ARRAY DIGITAL INFRASTRUCTURE, INC.
2023-Q3 EPS reported
$0.47
revenue$2,906,000,000
- Q3 total operating revenues $963M (-11% YoY); service revenues $762M (-2%).
- Net income attributable to shareholders $23M ($0.26 EPS) vs loss of $12M (-$0.15) prior year.
- Fixed wireless customers grew 57% to 106,000; tower rental revenues up 8%.
- FY 2023 adjusted EBITDA guidance raised to $945-1,005M (prev. $925-1,025M).
- Strategic alternatives review process (announced Aug 4) remains ongoing.