Array Digital reports $53.9 million Q3 revenue, maintains outlook

Array Digital Infrastructure (NYSE:AD) reported third-quarter 2026 operating revenue of $53.9 million, up 14% year over year, as higher site rental revenue supported its wireless infrastructure business.

Site rental revenue increased 14%, while income from continuing operations attributable to shareholders declined to $69.6 million from $108.8 million in the same quarter of 2025.

Diluted earnings per share fell to $0.81 from $1.25, while the operating loss narrowed to $2.326 million from $53.313 million; nine-month operating cash flow was an outflow of $188.191 million, compared with a $22.510 million inflow a year earlier.

Array reaffirmed its 2026 revenue guidance of $205 million–$215 million and adjusted EBITDA guidance of $220 million–$235 million, while approximately $30 million in remaining T-Mobile spectrum sales received regulatory approval in October, subject to final FCC approval and other closing conditions.

Array owns and operates shared wireless communications infrastructure in the United States, including more than 4,400 cell towers supporting mobile network operators and the deployment of 5G technology.