Event-Driven Stocks

ARRAY DIGITAL INFRASTRUCTURE, INC.

ADNYSE

Communication Services · Radiotelephone Communications · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 2 good● 2 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$163.0M$3.67B$3.81B$4.08B$4.04B$3.96B
Operating income−$92.5M−$260.3M−$112.2M$69.0M$170.0M$173.0M
Net income$48.8M−$39.4M$54.5M$30.0M$155.0M$229.0M
Total assets$4.68B$10.45B$10.75B$11.12B$10.34B$9.68B
Total liabilities——————
Equity$2.57B$4.58B$4.63B$4.55B$4.55B$4.41B
EPS (diluted)$0.56$-0.46$0.63$0.35$1.77$2.62
Shares out.86.4M85.1M85.0M85.0M86.0M86.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−56.8%
Net margin
29.9%
Return on equity
1.9%
Return on assets
1.0%
Return on capital (ROCE)
−2.1%
Liabilities / assets
—
Debt / equity
—
Book value / share
$29.72
Revenue growth (YoY)
−95.6%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
−3.3%clean
Piotroski F-Score
4/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
55
/ 100
Profitability 60Growth 0Catalyst 67Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 2 warning● 2 good
  • Operating losses (negative operating margin)
  • Revenue declined year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20261.3M5.1-30.1%
Apr 30, 20261.9M17.0-9.2%
Apr 15, 20262.1M15.1+31.5%
Mar 31, 20261.6M3.5+24.6%
Mar 13, 20261.3M7.3-4.1%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.