AT&T: quarterly EPS down almost 10%
(CercleFinance.com) - Telecom operator AT&T reports adjusted EPS down nearly 10% to $0.
57 for Q2 2024, with adjusted EBITDA up around 2% to $11.3bn, on revenues down 0.4% to $29.8bn.
It explains that lower revenues from fixed business services and mobile equipment sales were largely offset by higher revenues from mobile services, fixed consumer services and Mexico.
For the full year, AT&T reiterates its guidance, including adjusted EPS of between $2.15 and $2.25, adjusted EBITDA growth of around 3% and a 3% increase in mobile service revenues.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
57 for Q2 2024, with adjusted EBITDA up around 2% to $11.3bn, on revenues down 0.4% to $29.8bn.
It explains that lower revenues from fixed business services and mobile equipment sales were largely offset by higher revenues from mobile services, fixed consumer services and Mexico.
For the full year, AT&T reiterates its guidance, including adjusted EPS of between $2.15 and $2.25, adjusted EBITDA growth of around 3% and a 3% increase in mobile service revenues.
Copyright (c) 2024 CercleFinance.com. All rights reserved.