Saturday, October 22, 2016

AT&T Revenue Flat in Q3

AT&T reported Q3 consolidated revenue of $40.9 billion, compared with $39.1 billion for the same period last year, with diluted EPS of  $0.54 as reported and $0.74 as adjusted, compared to $0.50 and $0.74 in the year-ago quarter. Revenue was down slightly on a comparable basis when factoring in DirecTV.  The company saw growth in video and IP services.

Some highlights for Q3:

  • 2.3 million wireless net adds driven by connected devices, Mexico and Cricket
  • U.S. wireless postpaid churn of 1.05%, down 11 basis points year over year
  • Strong U.S. wireless operating margin of 29.6%; best-ever U.S. wireless service EBITDA margin of 50.1%
  • 700,000 branded smartphones added to U.S. subscriber base
  • 80% of smartphone base off subsidy pricing
  • In Mexico, AT&T now has 10.7 million total wireless subscribers
  • 323,000 U.S. DIRECTV net adds with TV subscriber base stable
  • 171,000 IP broadband net adds
  • 6.7 million unlimited mobile+TV subscribers
  • Cash from operations of $11 billion in quarter; $29.2 billion year to date, up 9.4%
  • Capital investment of $5.9 billion; $16.2 billion year to date
  • Full-year guidance on track to meet or exceed expectations

http://about.att.com/story/att_third_quarter_earnings_2016.html

0 comments:

Post a Comment

See also