The company said cash from operating activities for Q4 2023 was $11.4 billion, up $1.0 billion from a year earlier, and free cash flow was $6.4 billion.

1. 01

   The company said cash from operating activities for Q4 2023 was $11.4 billion, up $1.0 billion from a year earlier, and free cash flow was $6.4 billion.

2. 02

   The company said full-year free cash flow for 2023 was $16.8 billion, up $2.6 billion from the prior year. It added that this was cash from operating activities of $38.3 billion, plus DIRECTV distributions of $2.0 billion, minus capital expenditures of $17.9 billion and vendor financing payments of $5.7 billion.

3. 03

   The company said revenue for Q4 2023 was $32.0 billion, up 2.2% year over year, and operating income was $5.3 billion, with adjusted operating income of $5.8 billion. It said full-year revenue was $122.4 billion and full-year operating income was $23.5 billion.

4. 04

   The company gave its outlook for 2024, with capital investment in the range of $21 to $22 billion, free cash flow in the range of $17 to $18 billion, and adjusted EPS of $2.15 to $2.25. It also expects wireless service revenue growth in the 3% range and broadband revenue growth of 7% or more.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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