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Benzinga
Benzinga
Business
Anusuya Lahiri

AT&T Smashes Q1 Performance Backed By Robust Postpaid Phone, Fiber Broadband Net Adds

ATT HBO Mobility WarnerMedia

AT&T Inc (NYSE:T) reported first-quarter FY22 operating revenues of $38.1 billion, down 13.3% year-over-year, beating the consensus of $29.5 billion. WarnerMedia revenue growth partially offset the business divestment and Business Wireline revenue decline. Adjusted EPS of $0.77 beat the consensus of $0.59.

The results reflect continuing customer growth in wireless, fiber, and HBO Max. 

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