AT&T's Financial Highlights

AT&T Inc. has announced a promising start to fiscal year 2025, with a 2% increase in revenue, reaching $30.6 billion in the first quarter compared to the same period last year.

Net Income and Earnings Per Share Rise

The company's financial health shows significant improvement, with net income climbing to $4.7 billion from $3.8 billion year-over-year. Earnings per diluted share (EPS) also saw a notable increase, standing at $0.61, up from $0.47 in the first quarter of 2024.

CEO's Confidence in Growth Strategy

"Our growth strategy is resonating with customers, as evidenced by their continued preference for AT&T Fiber and 5G wireless services. Our commitment to the financial plan and capital returns outlined in December remains unwavering," stated CEO John Stankey. Following the earnings report, AT&T's stock experienced a 3.08% surge in premarket trading.