AT&T Q1 2024: EPS $0.47 adj. $0.55; FCF $3.1B up $2.1B YoY; 349k postpaid phone adds

AT&T INC.

2024-Q1 EPS reported $0.47 revenue$30,028,000,000

Revenue $30.0B (-0.4% YoY); operating income $5.8B; net income $3.8B.
Mobility service revenue $16.0B (+3.3% YoY); postpaid phone churn record low 0.72%.
Fiber net adds 252k; consumer broadband revenue $2.7B (+7.7% YoY).
Free cash flow $3.1B vs $1.0B in Q1 2023; capital investment $4.6B (excl. vendor financing).
Full-year consolidated guidance reaffirmed; dividend unchanged at $0.2775/share.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AT&T INC. reported first quarter of 2024 results: revenue $30.0 billion, net income $3.8 billion, EPS $0.47. Guidance reaffirmed.

Period: first quarter of 2024
Revenue: $30.0 billion
Net income: $3.8 billion
EPS: $0.47
Guidance: reaffirmed
Result: reported results

Exact text from the filing

AT&T Inc. ( NYSE: T ) reported first-quarter results that highlighted consistent 5G and fiber customer additions and showcased profitable growth driven by increased Mobility service and broadband revenues. First-Quarter Consolidated Results • Revenues of $30.0 billion • Diluted EPS of $0.47 ; adjusted EPS* of $0.55 • Operating income of $5.8 billion ; adjusted operating income* of $6.0 billion • Net income of $3.8 billion

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Source: SEC EDGAR

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