AT&T's Financial Highlights

AT&T Inc. has kicked off its fiscal year 2025 with a promising start, announcing a 2% increase in revenue for the first quarter, reaching $30.6 billion compared to the same period last year.

Net Income and EPS Growth

The telecommunications giant reported a net income of $4.7 billion, a significant rise from $3.8 billion in the previous year's first quarter. Earnings per diluted share (EPS) also saw an uptick, moving from $0.47 to $0.61.

CEO's Confidence in Growth Strategy

"Our growth trajectory is on the right path, with customers increasingly opting for AT&T Fiber and 5G wireless services for dependable connectivity. Our commitments from the 2024 Analyst & Investor Day remain unchanged, and we're steadfast in achieving our financial and capital return objectives," stated CEO John Stankey.

Market Response

Following the earnings announcement, AT&T's stock experienced a 3.08% surge in premarket trading, signaling strong investor confidence.