Array Digital Infrastructure Inc. reports third quarter revenue of $47.1 million and net income of $108.8 million
Array Digital Infrastructure Inc. reported total revenues from continuing operations of $47.1 million for the third quarter of 2025, up from $25.7 million in the same period last year. Net income attributable to Array shareholders was $108.8 million, or $1.25 per diluted share, compared to a net loss of $95.9 million, or $(1.12) per diluted share, a year earlier. During the period, Array entered into agreements to sell certain wireless spectrum licenses to AT&T, Verizon, and T-Mobile, with aggregate expected proceeds of $178 million from T-Mobile, all subject to closing conditions and regulatory approvals. Additionally, Anthony Carlson will assume the role of President and CEO on November 16, succeeding Interim President and CEO Doug Chambers.
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