Array Digital Infrastructure Inc reports results for the quarter ended June 30 - Earnings Summary
Array Digital Infrastructure Inc reports results for the quarter ended June 30 - Earnings Summary
Array Digital Infrastructure Inc AD.N reported quarterly adjusted earnings of $4.15 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of five analysts for the quarter was for earnings of 62 cents per share.
Revenue fell 94.1% to $54.07 million from a year ago; analysts expected $52.50 million.
Array Digital Infrastructure Inc's reported EPS for the quarter was $4.15.
The company reported quarterly net income of $358.7 million.
Array Digital Infrastructure Inc shares had fallen by 1.7% this quarter and gained 1.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the wireless telecommunications services peer group is "hold."
Wall Street's median 12-month price target for Array Digital Infrastructure Inc is $45.02, about 20.8% above its last closing price of $35.65
This summary was machine generated from LSEG data August 7 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.62 | 4.15 | Beat |
Mar. 31 2026 | 0.86 | 1.67 | Beat |
Dec. 31 2025 | 0.44 | 0.43 | Missed |
Sep. 30 2025 | 0.25 | -0.79 | Missed |
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Array Digital Infrastructure Inc reports results for the quarter ended June 30 - Earnings Summary
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