AT&T Is Hoping HBO Max Will Turn The Tide [Yahoo! Finance News]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Yahoo! Finance News
AT&T IncFirst Quarter MissFor the entire Communications division, overall revenue was down 2.6% at $34.2 billion. As for all of AT&T, revenue was $42.8 billion which is overall down comparing to the same quarter last year when it amounted to $44.8 billion. Company-wide operating income was $7.5 billion and this is up from $7.2 billion last year.As for video-service revenue, it dropped 8.4% year-over-year to $7.4 billion due to declines in TV subscribers. This was partially offset by higher average revenue per user. revenue was $17.4 billion, up 0.2% year-over-year. Operating income in the mobile division was $5.8 billion, up 9%.Advertising revenue was severely hit due to the postponement of live sports, but AT&T's WarnerMedia division took the greatest burden as revenue fell by $1 billion from 2019 to 2020.Cost-Cutting In ProgressBack in March, AT&T announced cost cuts over the next three years that will amount to tens of billions of dollars. These initiatives also include job cuts a
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News
- AT&T (NYSE:T) was given a new $30.00 price target on by analysts at Sanford C. Bernstein.MarketBeat
- Here is What Analysts Think About AT&T Inc. (T) [Yahoo! Finance]Yahoo! Finance
- Verizon Issues $20 Credits to Customers Affected by Outage [Yahoo! Finance]Yahoo! Finance
- Timothy Busfield's lie detector offer is ‘public relations stunt' as he faces child sex abuse charges: expert [FOX News]FOX News
- Timothy Busfield faces new sex abuse accusation as he appears in court [Los Angeles Times (CA)]Los Angeles Times
T
Earnings
- 10/22/25 - Miss
T
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- T's page on the SEC website