AT&T Inc. Reports Strong First Quarter Growth

AT&T Inc. has announced a notable 2% increase in revenue for the first quarter of fiscal 2025, reaching $30.6 billion, compared to the same period last year. This growth underscores the company's robust performance and strategic focus.

Financial Highlights

The company's net income saw a significant rise to $4.7 billion, up from $3.8 billion in the first quarter of 2024. Earnings per diluted share (EPS) also increased, standing at $0.61, compared to $0.47 per share in the previous year.

Leadership's Perspective

"Our commitment to providing reliable connectivity through AT&T Fiber and 5G wireless is paying off. We remain focused on our financial plan and the capital returns we outlined last December," stated CEO John Stankey. Following the earnings report, AT&T's stock experienced a 3.08% jump during premarket trading.