AT&T Inc. (NYSE: T) reported third quarter 2022 earnings results today.
Operating revenues decreased 4.1% year-over-year to $30 billion.
Net income attributable to common stock was $6 billion, or $0.79 per share, compared to $5.8 billion, or $0.63 per share, last year. Adjusted EPS from continuing operations was $0.68.
Both revenue and adjusted EPS beat expectations.
The company remains on track to achieve more than $4 billion of the $6 billion run-rate cost savings target by end of year.
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