CHICAGO (AP) — CHICAGO (AP) — Array Digital Infrastructure, Inc. (AD) on Friday reported third-quarter net income of $68.8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Chicago-based company said it had profit of 80 cents. Earnings, adjusted for non-recurring gains, came to 72 cents per share.
The wireless telecommunications service provider posted revenue of $53.9 million in the period.
Array Digital shares have dropped 41% since the beginning of the year. The stock has fallen 34% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AD at https://www.zacks.com/ap/AD
