AT&T Inc. Announces Positive Q1 2025 Financial Results
AT&T Inc. has reported a 2% increase in revenue for the first quarter of fiscal 2025, totaling $30.6 billion, up from the same period last year. This growth underscores the company's strong performance in its Fiber and 5G wireless services.
Net Income and EPS Show Significant Improvement
The company's net income saw a notable rise to $4.7 billion, compared to $3.8 billion in the first quarter of 2024. Earnings per diluted share (EPS) also increased, reaching $0.61 from $0.47 per share in the previous year's quarter.
CEO John Stankey Highlights Strategic Priorities
"Our commitment to delivering reliable connectivity through AT&T Fiber and 5G wireless is paying off. Our strategic priorities remain unchanged, and we are on track to meet our financial goals and capital returns as outlined last December," stated CEO John Stankey. Following the earnings announcement, AT&T's stock experienced a 3.08% surge in premarket trading.
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