AT&T Inc. Announces First Quarter Fiscal 2025 Results
AT&T Inc. has reported a 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 strong performance in a competitive market.
Financial Highlights
The company's net income saw a significant rise, reaching $4.7 billion in the reported quarter, up from $3.8 billion in the previous year's first quarter. Earnings per diluted share (EPS) also increased to $0.61, from $0.47 per share in the first quarter of 2024.
Leadership's Perspective
"We are committed to growing the right way, with AT&T Fiber and 5G wireless leading the charge in reliable connectivity. Our financial plan and capital returns strategy remain unchanged, as we continue to deliver on our promises," stated CEO John Stankey. Following the earnings report, AT&T's stock experienced a 3.08% surge in premarket trading.
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