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AT&T (T) Q1 Earnings in Sync With Estimates, Revenues Miss
AT&T Inc. T reported relatively modest first-quarter 2020 results as coronavirus pandemic hit top-line growth, fueling uncertainty within the organization and limiting future visibility. Despite the worldwide mayhem that led to short-term financial impacts, the company expects to continue investing in key areas and adjust its business according to the demand of the situation to fuel long-term growth, while maintaining a healthy dividend payment and actively reducing debt.
Net Income
On a GAAP basis, AT&T reported net income of $4,578 million or 63 cents per share compared with $4,096 million or 56 cents per share in the year-ago quarter. The improvement in GAAP earnings despite lower revenues was primarily attributable to lower operating costs.
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https://finance.yahoo.com/news/t-t-q1-ea...01044.html
![[Bild: Tc1dl1638.png]](https://finviz.com/publish/042320/Tc1dl1638.png)
AT&T Inc. T reported relatively modest first-quarter 2020 results as coronavirus pandemic hit top-line growth, fueling uncertainty within the organization and limiting future visibility. Despite the worldwide mayhem that led to short-term financial impacts, the company expects to continue investing in key areas and adjust its business according to the demand of the situation to fuel long-term growth, while maintaining a healthy dividend payment and actively reducing debt.
Net Income
On a GAAP basis, AT&T reported net income of $4,578 million or 63 cents per share compared with $4,096 million or 56 cents per share in the year-ago quarter. The improvement in GAAP earnings despite lower revenues was primarily attributable to lower operating costs.
...
https://finance.yahoo.com/news/t-t-q1-ea...01044.html
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