AT&T beats profit estimates on jump in wireless subscribers [BNN Bloomberg (Canada)]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: BNN Bloomberg
The No. 3 U.S. wireless carrier reported adjusted earnings per share of 55 cents, compared with analysts' average prediction of 53 cents. Revenue was US$30 billion in the period ended March 31, the company said in a statement Wednesday. That fell short of the $30.5 billion Wall Street was looking for. Under Chief Executive Officer John Stankey, AT&T has shed media properties and narrowed its focus to its longtime core business of providing communications services, which now include broadband delivered over airwaves and fiber. The company added 349,000 wireless phone subscribers in the first quarter, beating the 303,539 average estimate of analysts. About 252,000 new customers signed up for AT&T's fiber service, compared with expectations of 260,000. AT&T has also deployed a newer wireless home internet technology that sends signals to a device in a home over airwaves rather than a fixed line. The company introduced its version of the service, called called Internet Air, last Au
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Earnings
- 4/24/24 - Beat
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Sec Filings
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- 5/2/24 - Form 4
- 5/2/24 - Form 4
- T's page on the SEC website