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Array Digital: Q1 Earnings Snapshot

CHICAGO (AP) — CHICAGO (AP) — Array Digital Infrastructure, Inc. (AD) on Friday reported first-quarter earnings of $177.8 million.

On a per-share basis, the Chicago-based company said it had profit of $2.06. Earnings, adjusted for one-time gains and costs, were $2.08 per share.

The wireless telecommunications service provider posted revenue of $52 million in the period.

Array Digital expects full-year revenue in the range of $200 million to $215 million.

Array Digital shares have fallen 8% since the beginning of the year. The stock has declined 22% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AD at https://www.zacks.com/ap/AD

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