Overview
- Adjusted EPS came in at $0.54 in line with forecasts, while revenue of $30.7 billion was slightly below estimates.
- Postpaid phone net additions reached 405,000, topping expectations, as postpaid phone churn rose to 0.92% and phone-only ARPU edged down to $56.64.
- AT&T generated about $4.9 billion in free cash flow and reported $9.7 billion in net income, including a $5.5 billion gain from the DIRECTV stake sale.
- Network expansion advanced with a $23 billion EchoStar spectrum deal, 288,000 AT&T Fiber net adds, and 270,000 Internet Air additions.
- The convergence push deepened customer ties, with over 41% of fiber households also taking AT&T mobile plans, and management reaffirmed 2025 guidance.