Accueil > Actualité
Actualite financiere : Actualite bourse

AT&T: profit falls on COVID, programming costs

( - AT&T's third-quarter profit fell by 24% as some of the telecommunications giant's expenses jumped, due to higher programming costs, rising investments, and incremental COVID-19 costs.

AT&T's net income fell to 2.8 billion dollars, or 39 cents per share, from 3.7 billion dollars, or 50 cents per share, a year ago.

Consolidated revenue fell to 42.3 billion dollars, from 44.6 billion dollars in the third quarter 2019.

AT&T said the COVID-19 pandemic impacted revenues across all businesses, particularly domestic wireless service revenues, primarily from lower international roaming.

The pandemic also affected revenue from film releases, the operator said.

Copyright (c) 2020 All rights reserved.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.