secwatch.observer — SEC 8-K summary
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Issuer:     ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
CIK:        0000821130
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0000821130-24-000062
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UScellular Q3 net loss $79M, revenue down 4%; raises full-year Adjusted EBITDA guidance
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- Net loss of $79M ($0.92/share) vs net income of $23M ($0.26) a year ago; excluding $136M spectrum impairment, net income was $23M.
- Q3 total operating revenue $922M (-4% YoY); service revenue $747M (-2% YoY).
- Raised 2024 Adjusted EBITDA guidance to $970-$1,045M from $920-$1,020M; lowered capex to $550-$600M.
- Announced $1B spectrum sale to Verizon and separate sales to two other operators, all contingent on T-Mobile deal close.
- Fixed wireless customers up 32% to 140,000; postpaid ARPU grew 2% and both postpaid/prepaid churn improved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821130/000082113024000062/0000821130-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821130/000082113024000062/usm-20241101.htm
  HTML page:      https://secwatch.observer/filing/0000821130-24-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer