Array Digital Infrastructure (AD) reported second-quarter 2026 total operating revenues from continuing operations of $54.1 million, compared with $28.5 million a year earlier. Net income attributable to Array shareholders was $358.7 million, and diluted earnings per share attributable to Array shareholders were $4.15.
The company updated its 2026 guidance, narrowing total operating revenue guidance to $205 million to $215 million and increasing adjusted EBITDA guidance to $220 million to $235 million. Array also closed multiple spectrum license sales during the quarter and paid a special dividend.
- Site rental revenue grew 95% year over year in the second quarter.
- Array closed spectrum license sales with proceeds of $74.8 million, $86.4 million and $1 billion.
- The company issued a special dividend of $11 per common share on June 25, 2026.
- Capital expenditures guidance remained unchanged at $25 million to $35 million.
- TDS delivered a non-binding proposal to acquire Array common shares not already owned by TDS.
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