AT&T earnings unchanged, but revenue grows in 1Q

Apr 22, 2014

AT&T says its first quarter earnings were unchanged from the first three months of last year, but revenue grew as the wireless business added more than 1 million subscribers.

First-quarter was $3.7 billion, or 70 cents per share, compared with $3.7 billion, or 67 cents, a year earlier, when AT&T had more shares outstanding. Adjusting for one-time items, income was 71 cents per share, compared with 64 cents in the same period last year. Analysts expected 70 cents.

Revenue grew 4 percent to $32.5 billion, better than the $32.4 billion analysts expected, according to FactSet.

AT&T Inc. said Tuesday that it added 1,062,000 wireless subscribers in the quarter. That includes 625,000 smartphones and tablets in "post-paid" plans. These are the high-value customers on contracts or long-term installment plans.

Explore further: Comcast 1Q earns beat Street on upbeat NBC result

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Comcast 1Q earns beat Street on upbeat NBC result

Apr 22, 2014

Comcast's first-quarter net income rose by nearly a third as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon's elevation as host of "The Tonight Show."

AT&T posts 4Q profit, higher revenue

Jan 28, 2014

AT&T is posting stronger-than-expected earnings for the final quarter of 2013, helped by higher revenue from mobile and Internet service subscribers.

Texas Instruments 3Q profit drops, outlook weak

Oct 21, 2013

Chipmaker Texas Instruments Inc. said Monday that its net income fell 20 percent in the third quarter. Its outlook for the current period was worse than analysts expected, and shares slipped.

Oracle fiscal 3Q net income rises 2 pct

Mar 18, 2014

Oracle said Tuesday its fiscal third-quarter net income rose 2 percent, helped by higher cloud software subscription revenue, but investors wanted more growth and the company's stock fell in late trading.

Comcast gains video subs in 4Q

Jan 28, 2014

Comcast added 43,000 video subscribers in the fourth quarter—the first quarterly gain in six and a half years—as uptake of its X1 set-top box helped it retain customers and boost video-on-demand spending.

Sprint 2Q loss expands, revenue flat

Jul 30, 2013

Wireless carrier Sprint's second-quarter losses grew while revenue held steady in its first earnings report under majority owner SoftBank.

Recommended for you

Why the Sony hack isn't big news in Japan

12 hours ago

Japan's biggest newspaper, Yomiuri Shimbun, featured a story about Sony Corp. on its website Friday. It wasn't about hacking. It was about the company's struggling tablet business.

Sony faces 4th ex-employee lawsuit over hack

17 hours ago

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

Sony tells AFP it still plans movie release

18 hours ago

Sony Pictures boss Michael Lynton denied Friday the Hollywood studio has "caved" by canceling the release of "The Interview," and said it still hoped to release the controversial film.

2012 movie massacre hung over 'Interview' decision

Dec 19, 2014

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

Clooney slams skittish Hollywood after Sony hack

Dec 19, 2014

Film star George Clooney slammed the Hollywood movie industry for failing to stand up against the cyber threats that prompted Sony Pictures to cancel release of the movie "The Interview."

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.