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 ...

The earnings season kicked off in full swing this week, with several companies scheduled to release quarterly numbers. Communication industry giants AT&T Inc. (T) and T-Mobile US, Inc. (TMUS) are gearing up to unveil their latest quarterly results, sparking investors’ anticipation for insights into their performance and future outlook.Both companies topped earnings estimates in three of the last four quarters. Ahead of their upcoming reports, let's delve into the current standings of these major telecom riv ...