secwatch.observer — SEC 8-K summary
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Issuer:     AT&T INC. (T)
CIK:        0000732717
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0000732717-23-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AT&T Q4 adjusted EPS $0.61 beats year-ago; $3.20 GAAP loss from $26.8B impairment
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- Reported GAAP EPS from continuing ops $(3.20) due to $26.8B non-cash impairments; adjusted EPS $0.61.
- Q4 revenue $31.3B (+0.8% YoY); domestic wireless service rev +5.2%, consumer broadband +7.2%.
- Postpaid phone net adds 656K in Q4, 2.9M for full year; AT&T Fiber net adds 280K Q4, 1.2M full year.
- Full-year free cash flow $14.1B; capex $19.6B; cost savings >$5B of $6B+ target achieved.
- Dividend reduced: Q4 declared $0.2775 per share ($1.11 full year vs $2.08 prior year).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732717/000073271723000007/0000732717-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732717/000073271723000007/t-20230125.htm
  HTML page:      https://secwatch.observer/filing/0000732717-23-000007

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