Revenue segments as reported by the company.

Mobility

Business Wireline

Consumer Wireline

WarnerMedia

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Depreciation & Amortization

Asset Abandonments & Impairments

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

AT&T

AT&T Mobility is a wholly owned subsidiary of AT&T that provides wireless services to 138.8 million subscribers in the United States including Puerto Rico and the U.S. Virgin Islands. AT&T Mobility is the second largest wireless telecommunications provider in the United States and Puerto Rico behind Verizon Wireless.

AT&T Mobility

The Pacific Bell Telephone Company (Pacific Bell) is a telephone company that provides telephone service in California. The company is owned by AT&T Inc. through AT&T Teleholdings. The company has been known by a number of names during which its service area has changed.

Pacific Bell

DirecTV (stylized as DIRECTV) is an American direct broadcast satellite service provider and is a subsidiary of AT&T. DirecTV transmits digital satellite television and audio to households in the United States, Latin America and the Caribbean. Its primary competitors are Dish Network and cable television providers. AT&T acquired DirecTV in a transaction valued at $67.1 billion.

Direct TV

Leap Wireless is a telecommunications operator that provided wireless services to approximately 4.6 million subscribers, the 5th largest, through its subsidiary, Cricket Communications, Inc. (Cricket Wireless). It was headquartered in San Diego, California. Leap Wireless and Cricket Wireless are both subsidiaries of AT&T.

Leap Wireless

Cricket Wireless is an American prepaid wireless service provider in the United States. Cricket Wireless is a wholly owned subsidiary of AT&T Inc. that offers mobile voice, text, and data. Cricket Wireless was founded in 1999 by Leap Wireless International, Inc. On July 12, 2013, AT&T Inc. agreed to acquire Cricket's parent company Leap Wireless International for $1.2 billion.

Cricket Wireless

Vyatta is a provider of software-based virtual routers, virtual firewalls and VPN products for Internet Protocol networks (IPv4 and IPv6). A free download of Vyatta has been available since March 2006. The system is a specialized Debian-based Linux distribution with networking applications such as Quagga, OpenVPN, and many others. A standardized management console, similar to Juniper JUNOS or Cisco IOS, in addition to a web-based GUI and traditional Linux system commands, provides configuration of the system and applications. In recent versions of Vyatta, web-based management interface is supplied only in the subscription edition. However, all functionality is available through KVM, serial console or SSH/telnet protocols. The software runs on standard x86-64 servers.

Vyatta

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally. The Latin America segment provides wireless services and equipment in Mexico. The company was founded in 1983 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

AT&T reports robust Q4 performance, eyes growth through strategic investments

AT&T's Q4 2022 earnings call highlighted strong performance in wireless and fiber segments, along with a focus on cost savings and debt reduction. The company's 2023 strategy aims for sustainable growth and financial strength amidst industry challenges, emphasizing customer value propositions and service revenue growth.

AT&T reports solid Q1 earnings, focuses on 5G future

AT&T had a solid quarter with a focus on operational execution and cost restructuring.
The company remains confident in its full-year outlook for free cash flow of $16 billion or better.
AT&T's emphasis on durable customer relationships and infrastructure positions it well for the future.
Despite challenges in wireless performance, AT&T's strategic initiatives are driving growth opportunities.

AT&T reports robust Q2 earnings, eyes debt reduction and fiber expansion

AT&T's strong performance in wireless and fiber businesses, coupled with cost-saving initiatives and debt reduction efforts, positions the company for future growth. Despite market challenges and competition, AT&T remains focused on expanding its fiber footprint and enhancing infrastructure. The company's strategic investments and modernization efforts underscore its commitment to long-term success.

AT&T reports robust Q3 performance, eyes growth through 5G and fiber

AT&T's Q3 2023 earnings call highlighted strong financial performance, driven by successful 5G and fiber investments. The company's focus on high-value customers, operational efficiency, and market share gains positions it well for future growth. Challenges include slowing device upgrade rates and transitioning Business Wireline, while opportunities lie in debt reduction and sustainable growth strategies.

AT&T excels in Q4 2023, eyes growth through strategic investments

AT&T's Q4 2023 Earnings Call showcased strong financial performance, strategic investments in 5G and fiber, and a commitment to sustainable growth. The company aims to continue expanding its customer base, improving financial metrics, and delivering shareholder value through prudent capital allocation and operational efficiencies.

AT&T reports solid Q1 performance, focuses on 5G-fiber convergence

AT&T's Q1 2024 earnings call highlighted strong performance in key segments, strategic capital allocation, and growth opportunities in underpenetrated markets. Despite challenges in Business Wireline, the company remains focused on driving convergence between 5G and fiber for enhanced customer value and sustainable growth.

AT&T reports strong Q2 results, focuses on growth strategies

AT&T's Q2 performance reflects growth in key subscriber segments and EBITDA, driven by strategic focus areas.
While challenges like industry slowdown exist, AT&T's differentiation and convergence strategy position it well for the future.
The company's commitment to financial targets and investments in growth signal a positive outlook.
Opportunities for expansion through network enhancements and service improvements are key focus areas.

AT&T posts solid Q3 results, shifts focus to 5G and fiber

AT&T's Q3 2024 Earnings Call highlighted strong performance in Mobility and positive broadband net adds in Consumer Wireline. The company's strategic focus on 5G and fiber connectivity was emphasized through the sale of their DIRECTV stake.

Revenue

Cost of revenue

Gross profit

Operating expenses

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AT&T stock has benefited from an uplift in September, but continues to underperform broader markets. However, preliminary outperformance on iPhone upgrades kicks off a strong 2H seasonality environment. Paired with AT&T's disciplined approach on promotional activities, we expect a net tailwind to full year FCF. Anticipation for stronger-than-expected 2023 FCF performance will also help cushion any incremental industry-specific headwinds (e.g. lead-clad crisis), without compromising AT&T's dividend payout.

AT&T: The Apple Curse

AT&T has underperformed the market over the past decade, but some investors remain bullish on the stock. Recent upgrades and positive signs of stabilization in the wireless competitive environment have injected new life into AT&T. Management has signaled plans to generate significant free cash flow, pay down debt, and improve financial metrics, which could lead to a potential turnaround for the company.

AT&T: Remaining Bullish Has Been Painful, But A Potential Turnaround Story

AT&T's slowing wireless growth, deteriorating business wireline segment, and safety concerns over its legacy cables are all weighing down its stock. AT&T's turnaround efforts are gradually kicking in, and its low valuation and high dividend yield should limit its downside potential.

AT&T Stock: Bear vs. Bull

Nexstar Media Group

Nexstar Media Group (NXST) and DIRECTV reached a multi-year distribution agreement that will end DIRECTV's more than 75-day blackout of Nexstar's 176 local television stations and NewsNation cable news network.

Nexstar and DIRECTV Strike a Deal Ending DIRECTV's Blackout

AT&T stock is trading at a 7% dividend yield, but there are important risks to consider. Net debt has remained the same over the past year due to one-time charges, but management expects free cash flow to pick up dramatically moving forward. The late entry into the fixed wireless access market poses a risk for AT&T, potentially leading to market share loss and pressure on free cash flow.

AT&T: The Often-Overlooked Risks From Fixed Wireless Access

DirecTV said on Monday it had reached a multi-year deal with Nexstar Media Group that would return the local broadcaster's content to the AT&T-controlled distributor's network after a more than two-month blackout.

DirecTV, Nexstar reach distribution deal to end blackout

AT&T stock has had many false dawns in my decade plus experience with the company. However, this time does indeed appear different as the company has not over-indulged since the Warner Bros. Discovery spin-off. With improving Free Cash Flow situation, I'd ideally like to see the debt load come down as well.

AT&T: Resurgence Or Flash In The Pan? I Say Resurgence This Time

The best stocks to invest in are often strong cash-flow producers. AT&T is sticking with its free cash flow guidance as it navigates through a subscriber growth slowdown.

2 Stocks That Are Cash Flow Machines to Buy Now

NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Attention AT&T Inc. ("AT&T") (NYSE: T) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between November 2, 2018 and July 26, 2023.

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind AT&T Investors of a Lead Plaintiff Deadline of September 26, 2023

AT&T's shares have struggled in recent years, but its 7.3% yield and improving financial position make it attractive for income investors. The company has seen declining financial performance, with shrinking revenue, but expense improvements and revenue growth in the first half of 2023 show positive results. AT&T is transforming its business by focusing on its more profitable mobile business and has shown improvements on its balance sheet despite its debt load.

AT&T: Solid Dividend With Improving Financials

Ending a two-and-a-half month impasse, DirecTV and leading station owner Nexstar Media Group have agreed to restore the signals of dozens of stations as the companies work to finalize a carriage renewal.

DirecTV And Nexstar Agree To Temporarily Restore Stations, Letting Millions View NFL Football As Companies Finalize Carriage Deal

DirecTV and Nexstar have agreed to temporarily return the signals of the Nexstar-owned stations and national cable news network NewsNation to DirecTV, DirecTV Stream and U-verse, the companies said in a joint statement on Sunday.

DirecTV to temporarily restore Nexstar-owned stations

Investors are understandably attracted to AT&T stock because of the dividend yield.

AT&T Stock: Buy, Sell, or Hold?

NEW YORK , Sept. 16, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of AT&T Inc. (NYSE: T) between March 1, 2020 and July 26, 2023, both dates inclusive (the "Class Period"), of the important September 26, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

ROSEN, A TOP RANKED LAW FIRM, Encourages AT&T Inc. Investors to Secure Counsel Before Important September 26 Deadline in Securities Class Action Commenced by the Firm - T

AT&T has growing confidence in its free cash flow forecast. That has it on track to start generating excess cash after paying dividends to reduce debt.

This Ultra-High-Yield Dividend Stock's Investors Can Breathe a Sigh of Relief

AT&T stock is undervalued and remains a solid investment for income, but there are concerns about the company's debt burden and free cash flow generation. Recent upgrades cited what our thesis has communicated previously. There is now a big change for free cash flow guidance.

Critical Changes For AT&T

AT&T Inc. is the largest holding in my portfolio, with a 6.6% yield and undervalued shares. The Business Wireline division of AT&T is in decline, with revenue and profits falling over the past five years. Management is addressing the decline by focusing on growth in other parts of the company, such as fiber and mobile operations.

AT&T's Problem Child

AT&T faces several headwinds, has a huge debt burden, and comes with a long track record of value destruction. With a forward price-to-earnings ratio of 6 and a dividend that yields 7.6%, it could still attract some interest from income-focused investors.

AT&T Stock: Bull vs. Bear

Apple

AbbVie

Abbott Labs

Air Products and Chemicals

Caterpillar

Colgate-Palmolive

Clorox

General Dynamics

General Mills

Hormel Foods

Procter & Gamble

Starbucks

AT&T 5.35 % Notes 2017-01.11.66 Global

Unilever

Verizon

The market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable, and predictable. Dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality. It will be interesting to see how the market plays out in the last quarter of the year.

Dividend Income Update August 2023

Shares of AT&T (T) advanced 3% on Thursday after the telecom giant's CFO said he was confident of the company's outlook.

AT&T Shares Rise After CFO Says He's Confident in Outlook

Shares of AT&T Inc. T, +2.43% jumped 2.3% toward a two-month high in midday trading Thursday, after the telecommunications company's Chief Financial Officer said he was “confident” in the previously provided full-year guidance for free cash flow of “better than $16 billion.” The current FactSet consensus for 2023 FCF is $17.23 billion.

AT&T stock jumps after CFO says he ‘confident' in FCF guidance, which bodes well for continued high dividend yield

DALLAS , Sept. 14, 2023 /PRNewswire/ -- AT&T confident in full-year guidance, including free cash flow of better than $16 billion and adjusted EBITDA growth of 3+ percent Key Takeaways: AT&T continues to execute well on its sustainable long-term growth strategy and remains on track to generate full-year free cash flow of better than $16 billion.

Pascal Desroches Updates Shareholders at the 2023 Bank of America Media, Communications & Entertainment Conference

AT&T Inc. (NYSE:T ) Bank of America Securities Media, Communications and Entertainment Conference September 14, 2023 8:00 AM ET Company Participants Pascal Desroches - Chief Financial Officer Conference Call Participants David Barden - Bank of America David Barden All right. So, guys, good morning.

AT&T Inc. (T) Bank of America Securities Media, Communications and Entertainment Conference (Transcript)

Chief Financial Officer Pascal Desroches at a conference on Thursday said AT&T expects to deliver $4.5 billion to $5 billion in free cash for the third quarter.

AT&T Stock Rises After Offering Free Cash Flow Guidance

Alliance Resource Partners

Energy Transfer LP Unit

Lincoln National

Altria

Starwood Property

Truist Financial

The newest rage in investing, for many who are not chasing artificial intelligence stocks, has been going to the safest possible investments.

News for AT&T Stock (T)