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AT&T’s Q3 Profits Jump 112%

AT&T’s Q3 Profits Jump 112%

AT&T reported Q3 net income at $5.9bn up 2.1x YoY. However,  revenue was $39.9bn, down 5.7% YoY that include a net $1.8bn of revenues tied to DirecTV and the company’s video operations, which were spun off during the quarter. Excluding that unit, revenues were up...
AT&T’s Q3 Profits Jump 112%

AT&T Reports Solid Earnings

AT&T reported solid Q2 results with revenues of $44bn, up 7.6% YoY reflecting partial recovery from the prior-year impacts of Covid. “Higher WarnerMedia, Mobility, Mexico, and Consumer Wireline revenues more than offset declines in domestic video and Business...
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