The telecom giant reported $0.65 non-GAAP EPS, exceeding expectations, while revenue missed by $250M at $31.56B.
AT&T posted second-quarter non-GAAP earnings per share of $0.65, beating estimates by $0.06. Revenue reached $31.56 billion, up 2.3% year-over-year but missing forecasts by $250 million.
Analysts had anticipated revenue closer to $31.81 billion, following a prior quarter where the company reported $30.14 billion. The miss comes despite growth in customer additions, including over 1 million Advanced Connectivity subscribers.
The results reflect mixed performance, with strong earnings offset by softer-than-expected revenue growth.