---
schema_version: "secwatch.filing_event.v1"
accession: "0000821130-24-000006"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:32:35.677699+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UScellular Q4 rev $1,000M (-4.6% YoY); net income $14M vs loss; guides FY 2024 lower

## Summary
- Q4 revenue $1,000M vs $1,048M prior year; net income $14M ($0.16 EPS) vs loss of $(28)M.
- Full year rev $3,906M (-6.3% YoY); net income $54M ($0.63) vs $30M ($0.35) in 2022.
- Fixed wireless customers up 46% to 114k; tower rental rev up 8% to $100M.
- 2024 guidance: Service rev $2,950-$3,050M; Adj EBITDA $920-$1,020M (down from $986M).
- Strategic alternatives review (potential sale) initiated Aug 2023 and ongoing.

## SEC filing metadata
- accession: 0000821130-24-000006
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/821130/000082113024000006/0000821130-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000082113024000006/usm-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821130-24-000006
- JSON: https://secwatch.observer/filing/0000821130-24-000006.json
- Plain text: https://secwatch.observer/filing/0000821130-24-000006.txt

## Key facts
- Earnings Releases
  ARRAY DIGITAL INFRASTRUCTURE, INC. reported year ended December 31, 2023 results: revenue $3,906 million, net income $54 million, EPS $0.63.
  - Period: year ended December 31, 2023
  - Revenue: $3,906 million
  - Net income: $54 million
  - EPS: $0.63
  - Result: reported results
  source text: UScellular reported total operating revenues of $3,906 million and $4,169 million for the years ended 2023 and 2022, respectively. Net income attributable to UScellular shareholders and related diluted earnings per share were $54 million and $0.63, respectively, for the year ended 2023 compared to $30 million and $0.35, respectively, for the year ended 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113024000006/0000821130-24-000006-index.htm
- Earnings Releases
  ARRAY DIGITAL INFRASTRUCTURE, INC. reported full year 2024 results: revenue $2,950-$3,050. Guidance initiated.
  - Period: full year 2024
  - Revenue: $2,950-$3,050
  - Guidance: initiated
  - Result: guidance update
  source text: results will not differ materially from estimated results. 2024 Estimated Results Actual Results for the Year Ended December 31, 2023 (Dollars in millions) Service revenues $2,950-$3,050 $3,044 Adjusted OIBDA 1, 2 $750-$850 $818 Adjusted EBITDA 1, 2 $920-$1,020 $986 Capital expenditures $550-$650 $611 The following table reconciles EBITDA, Adjusted EBITDA,
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113024000006/0000821130-24-000006-index.htm

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