Business

AT&T Reports a 2% Revenue Growth to $30.6 Billion in Q1 2025, Driven by Strong Fiber and 5G Demand

AT&T Inc. Announces Q1 2025 Financial Results

AT&T Inc. has reported a 2% increase in revenue for the first quarter of fiscal 2025, reaching $30.6 billion, up from the same period last year. The telecommunications giant also saw a significant rise in net income, which climbed to $4.7 billion, compared to $3.8 billion in Q1 2024.

Earnings Per Share and CEO's Statement

The earnings per diluted share (EPS) for the quarter stood at $0.61, marking an increase from $0.47 per share in the previous year's first quarter. CEO John Stankey emphasized the company's commitment to growth through AT&T Fiber and 5G wireless services, stating, "We are growing the right way as customers continue to choose AT&T Fiber and 5G wireless for connectivity they can rely on, guaranteed or we'll make it right."

Market Reaction

Following the earnings report release, AT&T's stock experienced a 3.08% jump during premarket trading, reflecting investor confidence in the company's financial health and strategic direction.