secwatch.observer — SEC 8-K summary
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Issuer:     AT&T INC. (T)
CIK:        0000732717
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0000732717-23-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AT&T Q1 revenue $30.1B, diluted EPS $0.57 vs $0.65; adds 424k postpaid phone subs
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- Revenue $30.1B (+1.4% YoY); net income $4.23B (-12.1%); diluted EPS $0.57 vs $0.65.
- Adjusted EPS $0.60 vs $0.63; free cash flow $1.0B vs $2.8B.
- Domestic wireless service revenue +5.2%; consumer broadband revenue +7.3%, fiber revenue +30.7%.
- Postpaid phone net adds 424k (11th straight quarter >400k); fiber net adds 272k (13th straight >200k).
- On track for $6B+ run-rate cost savings by end of 2023; capex $4.3B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732717/000073271723000019/0000732717-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732717/000073271723000019/t-20230420.htm
  HTML page:      https://secwatch.observer/filing/0000732717-23-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer