AD Q3 2024 Earnings — Array Digital Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

ADArray Digital Infrastructure, Inc.

$4B

Q3 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$922M-4.3% YoY

Gross Profit

$539M58.5% margin

Operating Income

-$90M-9.8% margin

Net Income

-$79M-8.6% margin

EPS (Diluted)

$-0.92

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$245M

Free Cash Flow

$114M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$10.5B

Total Liabilities

$5.9B

Stockholders' Equity

$4.6B

Cash & Equivalents

$272M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$922M	$963M	-4.3%
Gross Profit	$539M	$550M	-2.0%
Operating Income	-$90M	$57M	-257.9%
Net Income	-$79M	$23M	-443.5%