AT&T Is Rising From Missteps [Forbes]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Forbes
AT&T stock bounces back after years of struggles fueled by mishaps on core business execution. Strategic wireless and 5G enhancements drive subscriber growth, beating competitors with 1.70 million annual additions. Fourth-quarter financials exceeded expectations with $32 billion revenue, signaling robust recovery and sustainable earnings growth. Despite the recovery and solid performance, AT&T's stock remains undervalued, offering growth potential. AT&T Inc. ( ) is striving for a recovery following a period of underperformance, a situation brought on by challenges and missteps in executing its core business strategy. Since the pandemic started, the stock has been stuck in a downtrend, shedding nearly 50% in market value before it bottomed in 2023. Investors shunned the stock, and short sellers continued to push it lower as the wireless company struggled to integrate some of its most expensive media acquisitions, including the Time Warner and DirecTV businesses. While th
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T
Earnings
- 4/24/24 - Beat
T
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- T's page on the SEC website