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AT&T Reaches Deal With Union Workers, Ending Strike

AT&T Reaches Deal With Union Workers, Ending Strike

Telecom major AT&T Inc. has reached a new tentative agreement with its around 25,500 union members in the Southeast and West regions, ending a 30-day strike in the Southeast by the workers over better contract terms. In a statement, Members of the Communications Workers of America or CWA said new union contracts were agreed with AT&T Southeast and AT&T West.
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AT&T Q2 Adj. EPS Meets Estimates; Backs FY24 Outlook

AT&T Q2 Adj. EPS Meets Estimates; Backs FY24 Outlook

Telecom giant AT&T reported Wednesday a net profit for the second quarter that declined 20 percent from last year, primarily hurt by higher depreciation and amortization charges. Adjusted earnings per share met analysts' expectations, while quarterly revenues missed it by a whisker. The company also reiterated its adjusted earnings guidance for the full year 2024.
RTTNews | 88 hari yang lalu
AT&T Reiterates FY24 Outlook - Update

AT&T Reiterates FY24 Outlook - Update

While reporting financial results for the second quarter on Wednesday, telecom giant AT&T, Inc. (T) reiterated its adjusted earnings guidance for the full-year 2024.
RTTNews | 89 hari yang lalu
AT&T Commits Addl. $3 Bln By 2030 To Narrow Digital Divide

AT&T Commits Addl. $3 Bln By 2030 To Narrow Digital Divide

Aiming to help close the digital divide among millions in the United States, telecom major AT&T Inc. announced its commitment of an additional $3 billion by 2030 for providing internet services and digital literacy resources. The total commitment since 2021 reaches $5 billion that will help 25 million people get and stay connected to affordable, high-speed internet access by 2030.
RTTNews | 200 hari yang lalu
AT&T Q4 Adj. EPS Miss View; Sees FY24 Adj. Earnings Below Market; Stock Down

AT&T Q4 Adj. EPS Miss View; Sees FY24 Adj. Earnings Below Market; Stock Down

Telecom giant AT&T, Inc. reported Wednesday a profit in its fourth quarter, compared to prior year's hefty loss, benefited by sharply lower charges as well as profitable 5G and AT&T Fiber subscriber gains. Adjusted earnings per share, meanwhile, missed market estimates. Further, the company issued fiscal 2024 adjusted earnings view below the Street estimates.
RTTNews | 271 hari yang lalu
AT&T Q3 Adj. Profit Tops View, Lifts FY23 Forecast; Stock Up In Premarket

AT&T Q3 Adj. Profit Tops View, Lifts FY23 Forecast; Stock Up In Premarket

Telecom giant AT&T, Inc. reported Thursday weak profit in its third quarter, despite a slight growth in revenues with solid 5G and fiber subscriber growth. Adjusted earnings and topline beat market estimates, and the company raised its fiscal 2023 guidance for adjusted EBITDA, a key earnings metric. In pre-market activity on the NYSE, AT&T shares were gaining around 4 percent.
RTTNews | 368 hari yang lalu
AT&T Q1 Profit Down, Beats View; Topline Miss Estimates; Stock Down In Pre-market

AT&T Q1 Profit Down, Beats View; Topline Miss Estimates; Stock Down In Pre-market

Telecom giant AT&T, Inc. reported Thursday that its first-quarter profit declined from last year, yet topped market estimates. Revenues were higher, but missed the Street forecast. The company further said it is on track to achieve $6 billion-plus run-rate cost savings target before the end of the year. In pre-market activity on the NYSE, the shares were losing around 4.7 percent.
RTTNews | 549 hari yang lalu
AT&T Slips To Loss On Charges, But Adj. EPS Tops View

AT&T Slips To Loss On Charges, But Adj. EPS Tops View

Telecom giant AT&T, Inc. reported Wednesday a hefty loss for the fourth quarter compared to a profit last year, primarily hurt by impairments, abandonments and restructuring charges. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed it by a whisker. The company also issued weak earnings guidance for the full year 2023.
RTTNews | 635 hari yang lalu