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BUSINESS
Array Digital: Q1 Earnings Snapshot
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Array Digital Infrastructure reported first quarter earnings of $177.8 million Friday, equal to $2.06 per share, or $2.08 adjusted. The Chicago-based wireless telecommunications service provider posted $52 million in revenue and expects full-year revenue between $200 million and $215 million. Even so, the stock has fallen 8% since the start of the year and 22% over the past 12 months.
Prepared by Christopher Adams and reviewed by editorial team.
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