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AT&T: Q1 in line with expectations

(CercleFinance.com) - AT&T has published Q1 2019 EPS that is down about 25% at 56 cents.


Adjusted EPS increased by 1% to 86 cents, in line with the consensus.

At 44.8 billion dollars, revenues rose by 17.8%, with Time Warner.

Declines in home video, conventional fixed telephony services, mobile
equipment and Vrio were more than offset by domestic mobile services,
WarnerMedia and Xandr.

Randall Stephenson, the CEO of the US telecommunications and media giant
said that the group is on track to achieve its deleveraging targets,
with strong free cash flow and asset sales.


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