secwatch.observer — SEC 8-K summary
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Issuer:     AT&T INC. (T)
CIK:        0000732717
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0000732717-24-000056
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AT&T posts Q3 GAAP net loss of $226M on $4.4B impairment; adj. EPS $0.60
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- Revenue $30.2B flat YoY; GAAP diluted EPS $(0.03) vs $0.48; adjusted EPS $0.60.
- Recorded $4.4B in asset impairments and abandonments, driving the GAAP loss.
- Postpaid phone net adds 403K; postpaid phone churn 0.78%, expected industry-leading.
- Mobility service revenue up 4.0% to $16.5B; AT&T Fiber net adds 226K (19th straight quarter >200K).
- Free cash flow $5.1B, down $0.1B YoY; company reaffirms full-year 2024 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732717/000073271724000056/0000732717-24-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732717/000073271724000056/t-20241023.htm
  HTML page:      https://secwatch.observer/filing/0000732717-24-000056

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