Array Digital Infrastructure Inc (AD) News & EventsADArray Digital Infrastructure Inc

FY26 Adjusted EBITDA Outlook Raised to $220M-$235M

FY26 consensus $203.19M. Raises FY26 adjusted EBITDA view to $220M-$235M from $200M-$215M.

Array Reports Q2 Revenue of $54.07M, Beats Expectations

Reports Q2 revenue $54.07M, consensus $52.5M. "Array continues to make nice progress executing across our 2026 priorities," said Anthony Carlson, President and CEO. "The organization remains laser-focused on optimizing our tower operations - as evidenced by our sequential tower tenancy growth. And we continue to monetize our remaining spectrum assets as well as support T-Mobile's integration."

Array Digital Infrastructure Closes $1B Deal with Verizon

Array Digital Infrastructure (AD) announced the successful closing of the previously announced agreement with Verizon (VZ) to sell a portion of the company's retained spectrum licenses for total consideration of $1B. Additionally, certain spectrum sales to T-Mobile (TMUS) totaling $168M, primarily related to 700MHz and 600MHz, were completed in May. These transactions further the objective announced on May 28, 2024, to opportunistically monetize remaining spectrum following the sale of the T-Mobile wireless operation which closed on August 1, 2025. Considering the closing of the Verizon and other transactions alongside current cash on hand, the Array Board of Directors has declared a special cash dividend of $11.00 per Common Share and Series A Common Share. The special dividend is payable on June 25 to shareholders of record on June 11. While future dividend declarations are subject to the Board's discretion, the company at this time does not anticipate that any additional dividends will be paid during 2026.