UScellular Q2 net income $17M ($0.20 EPS); revenue $927M -3%; guidance reaffirmed

ARRAY DIGITAL INFRASTRUCTURE, INC.

2024-Q2 EPS reported $0.40 revenue$1,877,000,000

Net income attributable to USM shareholders $17M ($0.20 diluted EPS) vs $5M ($0.05) YoY.
Total operating revenues $927M, down 3% from $957M; service revenues $743M vs $760M.
Postpaid ARPU grew 2%; fixed wireless customers grew 40% to 134,000.
Full-year 2024 guidance reaffirmed: service revenues $2.95-3.05B, Adj OIBDA $750-850M.
Sale of wireless ops to T-Mobile announced May 28; expected close mid-2025; spectrum review ongoing.

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