I have the same issue, and was running it standalone until this week. I was away a couple weeks, all ran fine when I left. Fired it up this week and when I hit multiplayer the "Receiving" screen comes up and sits there for a minute or so, then goes to the server list, which is completely empty. It actually hangs there for about 30 seconds before I can even click a button. Went online and read a couple things about the GamesSpy issue and having to port it over to Steam and activate it, which I did. Now it starts from Steam but does the exact same thing. Tried Validating Files through Steam and all is well, just no multiplayer. I can play Single player no problem.
ARMA3 runs MP no problem...
Help please!