AT&T Reports Strong Q1 Performance

AT&T Inc. has announced a notable 2% increase in revenue for the first quarter of fiscal 2025, reaching $30.6 billion. This growth marks a positive trajectory compared to the same period last year, showcasing the company's resilience 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 previous year's first quarter. Earnings per diluted share (EPS) also improved, standing at $0.61, compared to $0.47 per share in early 2024.

Leadership's Perspective

"Our commitment to providing reliable connectivity through AT&T Fiber and 5G wireless is paying off. The financial and operational goals we set at our 2024 Analyst & Investor Day remain unchanged, and we're on track to deliver on our promises," stated CEO John Stankey. Following the earnings announcement, AT&T's stock experienced a 3.08% increase in premarket trading.