AT&T Q3 revenue $30.4B (+1% YoY); raises FY FCF guidance to ~$16.5B

AT&T INC.

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

Revenue $30.4B (+1% YoY); operating cash flow $10.3B (+2.4% YoY); FCF $5.2B (+$1.3B YoY).
Mobility service revenue +3.7%; postpaid phone net adds 468k; Fiber net adds 296k; broadband revenue +9.8%.
Full-year free cash flow guidance raised to ~$16.5B from prior $16B or better; adjusted EBITDA guidance also raised.
GAAP diluted EPS from continuing ops fell to $0.48 from $0.79 (prior year had large other income).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AT&T INC. reported the third quarter of 2023 results: revenue $30.4 billion, net income $3,495 million, EPS $0.48. Guidance raised.

Period: the third quarter of 2023
Revenue: $30.4 billion
Net income: $3,495 million
EPS: $0.48
Guidance: raised
Result: reported results

Exact text from the filing

posted healthy year over year increases in Mobility service and broadband revenues, driving higher profitability. Strong third-quarter results build on momentum • Revenues of $30.4 billion , up 1% year over year • Cash from operating activities of $10.3 billion , up $0.2 billion or 2.4% year over year; year-to-date, cash from operating activities is up $1.5 billion

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Source: SEC EDGAR

accession 0000732717-23-000054

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