Business

AT&T Reports a Steady 2% Revenue Growth to $30.6 Billion in Q1 2025 Amid Strong Consumer Demand

AT&T's Financial Performance Highlights

AT&T Inc. has announced a promising start to the fiscal year 2025, with a 2% increase in revenue, reaching $30.6 billion in the first quarter compared to the previous year. This growth underscores the company's resilience and ability to meet consumer demands effectively.

Net Income and EPS Show Significant Improvement

The company's financial health is further evidenced by a net income of $4.7 billion, up from $3.8 billion in the same quarter last year. Earnings per diluted share (EPS) also saw a notable rise to $0.61, from $0.47 per share in the first quarter of 2024.

CEO John Stankey's Vision for AT&T

"Our strategy is clear and unchanging. We are committed to delivering reliable connectivity through AT&T Fiber and 5G wireless, backed by our customer satisfaction guarantee. Our financial and capital return plans remain on track as we outlined last December," stated CEO John Stankey. Following the earnings announcement, AT&T's stock experienced a 3.08% increase in premarket trading, reflecting investor confidence.