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Array Digital: Q2 Earnings Snapshot
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CHICAGO (AP) — CHICAGO (AP) — Array Digital Infrastructure, Inc. (AD) on Friday reported second-quarter profit of $358.7 million.

The Chicago-based company said it had profit of $4.15 per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, came to 64 cents per share.

The wireless telecommunications service provider posted revenue of $54.1 million in the period.

Array Digital expects full-year revenue in the range of $205 million to $215 million.

Array Digital shares have decreased 34% since the beginning of the year. The stock has fallen 52% 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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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