ARRAY DIGITAL INFRASTRUCTURE, INC.

For the period ended Mar 31, 2025. Filed May 2, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 2, 2025

AD$29.98-4.4%Stored close · as of Nov 6, 2026

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Contents

Consolidated Statement of Operations

	Three Months EndedMarch 31,
	2025	2024
(Dollars and shares in millions, except per share amounts)
Operating revenues
Service	$741	$754
Equipment sales	150	196
Total operating revenues	891	950
Operating expenses
System operations (excluding Depreciation, amortization and accretion reported below)	176	182
Cost of equipment sold	178	216
Selling, general and administrative	332	331
Depreciation, amortization and accretion	163	165
(Gain) loss on asset disposals, net	2	6
(Gain) loss on license sales and exchanges, net	(1)	(1)
Total operating expenses	850	899
Operating income	41	51
Other income (expense)
Equity in earnings of unconsolidated entities	36	42
Interest and dividend income	3	2
Interest expense	(40)	(43)
Total other income (expense)	(1)	1
Income before income taxes	40	52
Income tax expense	20	28
Net income	20	24
Less: Net income attributable to noncontrolling interests, net of tax	2	6
Net income attributable to UScellular shareholders	$18	$18
Basic weighted average shares outstanding	85	85
Basic earnings per share attributable to UScellular shareholders	$0.21	$0.21
Diluted weighted average shares outstanding	88	88
Diluted earnings per share attributable to UScellular shareholders	$0.21	$0.20

ContentsView on SEC.gov

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