earnings
confidence high
sentiment neutral
materiality 0.75
AT&T Q2 2023: Revenue $29.9B (+0.9%), EPS $0.61; Issued $2B Preferred
AT&T INC.
2023-Q2 EPS reported
$1.19
revenue$60,056,000,000
- Q2 2023 revenue $29.9B, up 0.9% YoY; operating income $6.4B, up 29.3%.
- Diluted EPS from continuing ops $0.61, up from $0.59 in Q2 2022.
- Mobility added 464k postpaid subscribers; fiber broadband adds 251k.
- Issued $2.0B of Series B preferred membership interests at 6.8% distribution rate.
- Operating cash flow from continuing ops $9.9B, up $2.2B YoY.