Array Q2 revenue rises to $54.1 million; raises 2026 Adjusted EBITDA outlook
Array reported second quarter 2026 total operating revenues of $54.1 million, up from $28.5 million a year earlier, and raised its 2026 Adjusted EBITDA guidance to $220 million-$235 million. Earnings per share were lifted by large gains on spectrum license sales, and the company is still reviewing a non-binding acquisition proposal from TDS, which owns about 81.9% of Array, while it no longer recognizes revenue from DISH Wireless.
Key points
- Q2 2026 total operating revenues were $54.1 million, versus $28.5 million in Q2 2025.
- Q2 2026 diluted earnings per share from continuing operations were $3.86, versus $0.17 a year earlier, with a $409.8 million gain on license sales in the quarter.
- 2026 Adjusted EBITDA guidance raised to $220 million-$235 million from $200 million-$215 million; revenue range narrowed to $205 million-$215 million.
- A special committee of independent directors is evaluating a non-binding TDS proposal, received May 7, 2026, to acquire Array shares it does not own.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.