Array Digital Infrastructure reported total operating revenues from continuing operations of $53.9 million for the third quarter 2026, slightly ahead of analyst consensus. The company reported a significant earnings beat with diluted EPS from continuing operations of $0.81, though results were heavily influenced by non-operating items and tax benefits as the firm completes its first year as a pure-play tower infrastructure provider.
Key Highlights
- Site rental revenues increased 14% year-over-year to $52.5 million, reflecting successful colocation growth and portfolio optimization.
- Regulatory approval was received in October for the remaining $30 million in wireless spectrum sales, which are expected to close by year-end.
- Parent company Telephone and Data Systems (TDS) officially withdrew its non-binding proposal to acquire the company's remaining outstanding shares in September.