Business

AT&T Q2 Earnings Surpass Expectations with a 3.5% Revenue Increase to $30.8B

AT&T Inc. Announces Strong Q2 Financial Performance

AT&T Inc. reported a notable 3.5% increase in revenue for the second quarter of fiscal 2025, reaching $30.8 billion. Despite slightly missing analyst expectations, the company showcased significant growth across several key metrics.

Financial Highlights: Operating income rose to $6.5 billion, up from $5.8 billion in the same period last year. Diluted earnings per share also saw an increase, landing at $0.62 compared to $0.49 a year ago. Additionally, free cash flow improved to $4.4 billion, and mobility service revenues grew by 3.5% year over year to $16.9 billion.

CEO John Stankey on AT&T's Competitive Edge

"We are winning in a highly competitive marketplace, with the nation's largest wireless and fiber networks. Customers are increasingly choosing AT&T because we have the best technology and options for wireless and broadband connectivity, backed by the AT&T Guarantee," stated AT&T CEO John Stankey.

Despite the positive financial results, AT&T's stock experienced a slight dip of 0.33% in premarket trading, settling at $27.33 per share.