Categories AlphaGraphs, Earnings, Technology
A visual representation of AT&T (T) Q1 2020 earnings results
AT&T Inc. (NYSE: T) reported its financial results for the quarter ended March 31, 2020 today.
AT&T posted a 12% increase in earnings for the first quarter of 2020 helped by growths in revenues from domestic wireless services and strategic and managed business services. However, the company saw declines in revenues from WarnerMedia, domestic video, legacy wireline services, domestic wireless equipment, and Vrio.
The company did not adjust for COVID-19 costs of about $0.05 in the quarter, with more than half of those costs expected to have only short-term impacts. Due to the lack of visibility related to COVID-19 pandemic and recovery, the company has withdrawn financial guidance at this time.
Past Performance
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and