AT&T Q3 net income from continuing ops $3.8B ($0.48 diluted EPS), down 40% YoY; revenue $30.4B, up 1%

AT&T INC.

2023-Q3 EPS reported $1.67 revenue$90,406,000,000

Net income from continuing ops of $3.8B vs $6.3B a year ago; diluted EPS $0.48 vs $0.79; included $(0.16)/sh of significant items.
Total operating revenue $30.4B (+1%), with Mobility +2%, Business Wireline -7.9%, Consumer Wireline +4.6%.
Postpaid phone net adds 468,000; postpaid phone-only churn improved to 0.79% from 0.84%; broadband adds 15,000 (fiber 296,000).
Operating cash flow $10.3B, capital expenditures $4.6B; dividend maintained at $0.2775/share.
Latin America revenue $1.0B (+26.4% on FX and subscriber growth); segment operating margin negative 2.9%.

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