AT&T (T) Q1 Earnings Beat Estimates, Revenues Remain Flat Y/Y
TAT&T(T) Zacks Investment Research·2024-04-25 00:26

AT&T Inc. (T) reported modest first-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 ...