AT&T: Q3 sales up 1%
(CercleFinance.com) - AT&T reports Q3 sales of $30.
4bn, up 1% y-o-y.
Adjusted EBITDA came to $11.2 billion, up 4.6%. Finally, adjusted EPS was $0.64, down slightly from last year's $0.68.
“Our investments in best-in-class 5G and fiber connectivity are fueling our growth engine. We're gaining profitable customer relationships and becoming more efficient. This is powering our strong business performance and gives us the confidence to raise our full-year free cash flow guidance,” said John Stankey, AT&T CEO.
The company now expects FY FCF of around $16.5bn, compared with previous forecasts of at least $16bn.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
4bn, up 1% y-o-y.
Adjusted EBITDA came to $11.2 billion, up 4.6%. Finally, adjusted EPS was $0.64, down slightly from last year's $0.68.
“Our investments in best-in-class 5G and fiber connectivity are fueling our growth engine. We're gaining profitable customer relationships and becoming more efficient. This is powering our strong business performance and gives us the confidence to raise our full-year free cash flow guidance,” said John Stankey, AT&T CEO.
The company now expects FY FCF of around $16.5bn, compared with previous forecasts of at least $16bn.
Copyright (c) 2023 CercleFinance.com. All rights reserved.