secwatch.observer — SEC 8-K summary
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Issuer:     AT&T INC. (T)
CIK:        0000732717
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0000732717-23-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AT&T Q2 revenue $29.9B (+0.9% YoY), EPS $0.61 (+8.9%), raises cost savings target
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- Revenue $29.9B (+0.9% YoY); operating income $6.4B (+29.3%); diluted EPS $0.61 (+8.9%).
- Mobility service revenue up 4.9% to $15.7B; postpaid phone net adds 326,000; churn 0.95%.
- Fiber broadband net adds 251,000 (14th straight quarter >200k); consumer broadband revenue up 7.0%.
- First-half free cash flow $4.2B, up $1.0B YoY; full-year FCF guidance reaffirmed at $16B+.
- Commits to incremental $2B+ cost savings beyond $6B achieved, targeting $8B+ total.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732717/000073271723000043/0000732717-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732717/000073271723000043/t-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000732717-23-000043

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