AT&T (T) Misses on Q2 Earnings Despite Solid Wireless Traction
AT&T(T) ZACKS·2024-07-24 21:45
AT&T Inc. (T) reported modest second-quarter 2024 results, as solid wireless traction and customer additions were partially offset by lower demand for legacy voice and data services. The company recorded strong subscriber growth backed by a resilient business model and robust cash flow position, driven by a diligent execution of operational plans. AT&T expects to continue investing in key areas of 5G and fiber and adjust its business according to the evolving market scenario to fuel long-term growth.Net Inc ...