T - AT&T Stock Gains On Q3 Performance: EPS Beat Strong Postpaid Net Adds And More | Benzinga
AT&T Inc (NYSE: T) reported third-quarter FY23 operating revenues of $30.35 billion, up 1% year-over-year, beating the consensus of $28.69 billion. Adjusted EPS of $0.64 beat the consensus of $0.59.
The results reflected higher Mobility, Mexico, and Consumer Wireline revenues, partly offset by lower Business Wireline revenues.
In the Mobility segment, AT&T clocked 494 thousand total phone net adds (postpaid and prepaid), which included 468 thousand postpaid phone net adds and 26 thousand prepaid phone net adds.
The Mobility segment saw a Postpaid churn of 0.79%, down from ...