AT&T tops wireless subscriber targets in Q2
The company's stock rose after earnings as it beat forecasts on subscriber growth, free cash flow, and profit.
Seyfettin Geçit
AT&T topped targets for wireless subscriber additions in the second quarter, according to reports. The company's stock rose after earnings, with investors cheering the results. AT&T beat expectations on subscriber growth, free cash flow, and profit, with Q2 earnings topping forecasts. Subscriber growth accelerated, and bundle offers gained traction.
Updates
While initial reports highlighted the company's subscriber and profit gains, new unverified claims suggest that the second-quarter revenue actually fell short of market expectations.
Economics Correspondent · Talivio News
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Sources
- — AT&T tops targets for wireless subscriber additions as bundle offers gain traction (opens in a new window)
- — AT&T’s stock rises after earnings. Here’s why investors are cheering. (opens in a new window)
- — AT&T shares gain as Q2 earnings top forecasts, subscriber growth accelerates (opens in a new window)