AD Q1 2024 Earnings — Array Digital Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

ADArray Digital Infrastructure, Inc.

$4B

Q1 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$950M-3.7% YoY

Gross Profit

$552M58.1% margin

Operating Income

$51M5.4% margin

Net Income

$18M1.9% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

-5.0%

Cash Flow

Operating Cash Flow

$203M

Free Cash Flow

$70M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$10.7B

Total Liabilities

$6.0B

Stockholders' Equity

$4.7B

Cash & Equivalents

$185M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$950M	$986M	-3.7%
Gross Profit	$552M	$551M	+0.2%
Operating Income	$51M	$26M	+96.2%
Net Income	$18M	$13M	+38.5%