ad: the income statement

MyFinsight

For the quarter ending 2025-09-30, AD made $47,119K in revenue. -$38,465K in net income. Net profit margin of -81.63%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30
Total operating revenues	47,119
Cost of operations (excluding depreciation, amortization and accretion reported below)	20,976
Selling, general and administrative	20,525
Depreciation, amortization and accretion	11,868
Loss on impairment of licenses	47,679
(gain) loss on asset disposals, net	-707
(gain) loss on license sales and exchanges, net	1,323
Total operating expenses	100,432
Operating income (loss)	-53,313
Equity in earnings of unconsolidated entities	69,811
Interest and dividend income	8,909
Interest expense	8,855
Short-term imputed spectrum lease income	30,413
Other, net	254
Total other income	100,532
Income (loss) before income taxes	47,219
Income tax expense (benefit)	-62,701
Net income (loss) from continuing operations	109,920
Net income (loss) from discontinued operations	-130,492
Net income (loss)	-20,572
Less net income attributable to noncontrolling interests, net of tax	17,893
Net income (loss) attributable to array shareholders	-38,465

Basic earnings (loss) per share attributable to array shareholders	-0.45
Basic weighted average shares outstanding (in shares)	86,251,000
Diluted earnings (loss) per share attributable to array shareholders	-0.44
Diluted weighted average shares outstanding (in shares)	86,846,000