Categories AlphaGraphs, Earnings, Industrials
T Earnings: Key quarterly highlights from AT&T’s Q3 2023 financial results
AT&T (NYSE: T) reported third quarter 2023 earnings results today.
Total operating revenues rose 1% year-over-year to $30.4 billion.
Net income attributable to common stock decreased 42% to $3.4 billion while EPS fell 40% to $0.48. Adjusted EPS fell 5.9% to $0.64.
Both revenue and earnings beat expectations, sending the stock up more than 4% in premarket hours on Thursday.
Consumer broadband revenues rose 9.8% while mobility service revenues were up 3.7% in Q3.
The company surpassed 8 million AT&T Fiber subscribers during the quarter.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
A look at how Disney’s (DIS) entertainment business performed in Q2 2024
Shares of the Walt Disney Company (NYSE: DIS) stayed green on Wednesday. The stock has gained 16% year-to-date. The company recorded revenue and earnings growth for the second quarter of
Uber Technologies reports wider loss for Q1 2024; revenue up 15%
Uber Technologies, Inc. (NYSE: UBER) on Wednesday reported a wider net loss for the first quarter of 2024. Revenues of the ride-sharing giant increased 15% during the three months. Net
