AT&T reports Q2 diluted EPS $0.49, adjusted EPS $0.57; revenue $29.8B, reaffirms FY guidance

AT&T INC.

2024-Q2 EPS reported $0.96 revenue$59,825,000,000

Diluted EPS $0.49 (down 19.7% YoY); adjusted EPS $0.57; revenue $29.8B (down 0.4% YoY).
Postpaid phone net adds 419,000 with industry-leading churn of 0.70%; 239,000 AT&T Fiber net adds, 18th consecutive quarter >200k.
Mobility service revenue $16.3B (+3.4% YoY); Business Wireline operating income fell 74.2% to $102M.
Free cash flow $4.6B, up $0.4B YoY; capital expenditures $4.4B.
Company reiterates all full-year 2024 financial guidance.

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