AT&T Inc. Announces Robust First Quarter Performance

AT&T Inc. has kicked off its fiscal 2025 with a promising start, reporting a 2% increase in revenue to $30.6 billion for the first quarter, up from the same period last year. This growth underscores the company's strengthening position in the telecommunications sector.

Financial Highlights Show Significant Improvement

The company's net income saw a notable rise to $4.7 billion, compared to $3.8 billion in the first quarter of 2024. Earnings per diluted share (EPS) also improved, reaching $0.61, up from $0.47 per share a year ago.

CEO John Stankey on AT&T's Strategic Focus

"Our commitment to delivering reliable connectivity through AT&T Fiber and 5G wireless is paying off. Customers are choosing us for the quality we guarantee. Our strategic priorities remain unchanged, and we're on track to meet the financial and capital return goals we set in December," stated CEO John Stankey.

Following the earnings announcement, AT&T's stock experienced a 3.08% increase in premarket trading, signaling investor confidence in the company's direction.