ARRAY DIGITAL INFRASTRUCTURE, INC.

AD ·Communication Services, Telecom Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $3.89B $3.99B $4.03B $3.89B $3.92B $4.45B $4.34B $4.18B
Cost of Revenue $1.07B $1.08B $1.05B $1.19B $999.0M $935.9M $791.8M $756.3M
Gross Profit $2.82B $2.91B $2.98B $2.70B $2.92B $3.52B $3.55B $3.42B
Gross Margin 72.5% 72.9% 73.9% 69.4% 74.5% 79.0% 81.8% 81.9%
Operating Expenses
Research & Development
SG&A Expense $1.41B $1.48B $1.49B $1.59B $1.68B $1.76B $1.77B $1.78B
Operating Income $-304.0M $48.0M $347.0M $-143.0M $146.9M $156.7M $280.8M $201.5M
Operating Margin -7.8% 1.2% 8.6% -3.7% 3.7% 3.5% 6.5% 4.8%
Interest Expense $113.0M $113.0M $86.0M $57.0M $44.0M $42.4M $65.6M $61.6M
Pretax Income $-272.0M $82.0M $404.0M $-59.0M $257.7M $205.1M $312.8M $241.1M
Income Tax Expense $-287.0M $33.0M $157.0M $-12.0M $113.1M $64.0M $114.1M $82.0M
Net Income $12.0M $48.0M $241.0M $-43.0M $140.0M $111.0M $175.0M $136.1M
Net Margin 0.3% 1.2% 6.0% -1.1% 3.6% 2.5% 4.0% 3.3%
EPS (Basic) $0.14 $0.56 $2.86 $-0.51 $1.67 $1.31 $2.06 $1.58
EPS (Diluted) $0.14 $0.56 $2.84 $-0.51 $1.65 $1.30 $2.05 $1.57
Shares Outstanding (Basic) 85.0M 85.0M 84.0M 84.0M 84.0M 84.6M 84.9M 86.1M
Shares Outstanding (Diluted) 86.0M 85.0M 85.0M 84.0M 84.7M 85.2M 85.4M 86.5M
Dividends Per Share $5.75
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