ADArray Digital Infrastructure, Inc.

$4B

Q2 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$927M-3.1% YoY

Gross Profit

$536M57.8% margin

Operating Income

$36M3.9% margin

Net Income

$17M1.8% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$313M

Free Cash Flow

$172M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$5.9B

Stockholders' Equity

$4.7B

Cash & Equivalents

$195M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$927M	$957M	-3.1%
Gross Profit	$536M	$539M	-0.6%
Operating Income	$36M	$34M	+5.9%
Net Income	$17M	$5M	+240.0%

AD Q2 2024 Earnings — Array Digital Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena