AT&T Reports Strong Q2 Earnings Driven by Wireless Growth
AT&T reported second-quarter adjusted earnings per share (EPS) of $0.65, exceeding estimates of $0.60 and rising 20.4% year-over-year. Revenue increased to $31.6 billion but fell slightly short of expectations at $31.7 billion. The company added more postpaid phone subscribers than expected and saw strong performance in its advanced connectivity segment.
Tickers: $T
Topics: Earnings Subscriber Growth Telecom