Both telecom giants offer dividend dividend yields above 6% at the moment.Income-seeking investors want to turn their heads toward the telecommunications industry. Two members of America's three-way telecom oligopoly offer huge dividend yields above 6% at the moment.Verizon (VZ 1.17%) and AT&T (T 1.02%) recently delivered first-quarter results that suggest their high-yield dividends are on steady ground. Both telecom giants are generating the profits they need to meet their dividend commitments, but which c ...

AT&T continues to win subscribers and churn out cash flow.Telecom giant AT&T (T 1.02%) slightly missed expectations for revenue and earnings when it reported its first-quarter results on Wednesday, but those headline figures don't tell the whole story. AT&T continued to win new wireless subscribers while keeping churn at record-low levels, and its broadband business impressed.AT&T produced $3.1 billion in free cash flow during Q1, and it maintained its guidance calling for between $17 billion and $18 billio ...

Luis Alvarez Still Laying The Groundwork For Share Price Recovery I have been covering AT&T's (NYSE:T) quarterly earnings regularly here on Seeking Alpha. I have rated it a Buy since July 2023, during which time the stock has returned over 16%. The share price has stalled out in 2024, however, trading mostly sideways since my last article, where I labeled AT&T "The Ultimate Patience Tester". Seeking Alpha AT&T stock performance this year has not been out of line with its two biggest competitors, Verizon ...

AT&T Inc. (NYSE:T) Q1 2024 Earnings Conference Call April 24, 2024 8:30 AM ET Company Participants Brett Feldman - Senior Vice President, Finance and Investor Relations John Stankey - Chief Executive Officer Pascal Desroches - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Simon Flannery - Morgan Stanley John Hodulik - UBS Peter Supino - Wolfe Research Bryan Kraft - Deutsche Bank David Barden - Bank of America Michael Rollins - Citi Sebastiano Petti - JPMorgan Frank ...

AT&T Inc. (T) reported modest first-quarter 2024 results, as solid wireless traction and customer additions were partially offset by lower demand for legacy voice and data services. The company recorded strong subscriber growth backed by a resilient business model and robust cash flow position, driven by a diligent execution of operational plans. AT&T expects to continue investing in key areas of 5G and fiber and adjust its business according to the evolving market scenario to fuel long-term growth.Net Inco ...

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Key TakeawaysAT&T posted a mixed first-quarter earnings report Wednesday, missing revenue estimates but reporting additions to its mobile and internet subscriber base.The telecommunications giant said lower sales volumes and a nearly 8% year-over-year drop in its Business Wireline segment hurt its total revenue.AT&T affirmed its full-year guidance, projecting wireless service and broadband revenue to grow 3% and 7%, respectively. AT&T (T) shares jumped in premarket trading Wednesday following the release of ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >On April 24th, mobility and fiber service provider AT&T (NYSE: T) reported their first financial results for the 2024 year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.AT&T is the second of the United States telecoms giants to announce their Q1 earnings, with Verizon having reported on Monday and T-Mobile reporting results tomorrow. A highlight for the company was its free c ...

AT&T Inc. Financial Data Consolidated Statements of Income Dollars in millions except per share amounts Unaudited First Quarter Percent 2024 2023 Change Operating Revenues Service $ 24,842 $ 24,617 0.9 % Equipment 5,186 5,522 (6.1)% Total Operating Revenues 30,028 30,139 (0.4)% Operating Expenses Cost of revenues Equipment 5,143 5,658 (9.1)% Other cost of revenues (exclusive of depreciation and amortization shown separately below) 6,811 6,673 2.1 % Selling, general and administrative 7,021 7,175 (2.1)% Asse ...

Company's investment-led approach and connectivity momentum fuels Mobility service and broadband revenue growth  DALLAS, April 24, 2024 /PRNewswire/ -- AT&T Inc. (NYSE: T) reported first-quarter results that highlighted consistent 5G and fiber customer additions and showcased profitable growth driven by increased Mobility service and broadband revenues.       First-Quarter Consolidated Results AT&T 1Q2024 Earnings & Highlights Revenues of $30.0 billion Diluted EPS of $0.47; adjusted EPS* of $0.55 Ope ...