At&t Earnings Rise 26%

AT&T reported a 26% increase in second-quarter earnings amid an investment gain, lower costs and fewer customer defections.

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  • AT&T Delivers Strong 2023 Results Driven by 5G and Fiber Growth
    Full-year consumer broadband revenues up 8.1%, above guidance; driven by full-year AT&T Fiber revenue growth of 26.6%. 526,000 postpaid phone net adds in the fourth quarter; more than 1.7 million for the full-year 2023 with historically low churn levels and continued strong ARPU growth.
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  • AT&T Reports First-Quarter Results
    Consolidated revenues of $38.1 billion. Diluted EPS of $0.65 compared to $1.021 in the year-ago quarter. Adjusted EPS of $0.77 compared to $0.851 in the year-ago quarter. Cash from operations of $5.7 billion. Capital expenditures of $4.7 billion; capital investment2 of $6.3 billion. Free cash flow3 of $0.7 billion.
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    Operating income was $64 million, down 83.1% year over year, and EBITDA * was $1.4 billion, down $282 million. Consumer Wireline achieved positive broadband net adds for the third consecutive quarter, driven by 252,000 AT&T Fiber net additions and the recent launch of AT&T Internet Air.
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  • AT&T Again Delivers Strong Third-Quarter Results
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