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0 0.000475586556753347 1.26823081800592E-05 0.00110970196575777 0.00142675967025993 0.00824350031705764 0.0060240963855421 0.00285351934051997
Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
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 Show less Read more
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