AT&T Earnings and Subscriber Growth Beat Estimates. The Stock Rises.

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Updated Oct. 21, 2021 7:18 americium ET / Original Oct. 21, 2021 7:00 americium ET

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Shares of AT&T were rising successful premarket trading Thursday aft the Dallas telecommunications and media elephantine posted quarterly net and wireless subscriber maturation that topped Wall Street expectations.  

Adjusted third-quarter net were 87 cents a share, supra estimates of 78c cents. Revenue successful the 4th was $39.9 billion, beneath analysts’ forecasts of $40.6 billion. Revenue fell 5.7% from a twelvemonth earlier, reflecting the separation of the DirecTV business. 


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