AI English summary of an SEC filing — figures as filed
The company said revenue for Q2 2024 was $29.8 billion, down 0.4% from $29.9 billion a year earlier. It said net income was $3.9 billion ($4.8 billion a year earlier) and diluted EPS was $0.49 ($0.61 a year earlier).
Key points
AI summaryThe company said revenue for Q2 2024 was $29.8 billion, down 0.4% from $29.9 billion a year earlier. It said net income was $3.9 billion ($4.8 billion a year earlier) and diluted EPS was $0.49 ($0.61 a year earlier).
AT&T said Mobility service revenues rose 3.4% year over year to $16.3 billion in Q2. It also said postpaid phone net adds were 419,000 and postpaid phone churn was 0.70%.
The company said cash from operating activities was $9.1 billion in Q2, down $0.8 billion from a year earlier. It added that its company-defined free cash flow was $4.6 billion, up from $4.2 billion a year earlier.
The company reaffirmed its full-year 2024 guidance. It said it expects free cash flow of $17 to $18 billion, capital investment of $21 to $22 billion, and adjusted EPS of $2.15 to $2.25.
Summary
AI-writtenAnalysis 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.
AT&T Q2 Revenue $29.8 billion, Net Income $3.9 billion
The company said revenue for Q2 2024 was $29.8 billion, down 0.4% from $29.9 billion a year earlier. It said net income was $3.9 billion ($4.8 billion a year earlier) and diluted EPS was $0.49 ($0.61 a year earlier).
Source · Based on the filing body and exhibits
Mobility Service Revenues Up 3.4%, Postpaid Phone Net Adds 419,000
AT&T said Mobility service revenues rose 3.4% year over year to $16.3 billion in Q2. It also said postpaid phone net adds were 419,000 and postpaid phone churn was 0.70%.
Source · Based on the filing body and exhibits
Cash Flow: Operating Activities $9.1 billion, Free Cash Flow $4.6 billion
The company said cash from operating activities was $9.1 billion in Q2, down $0.8 billion from a year earlier. It added that its company-defined free cash flow was $4.6 billion, up from $4.2 billion a year earlier.
Source · Based on the filing body and exhibits
AT&T Reaffirms Full-Year 2024 Guidance
The company reaffirmed its full-year 2024 guidance. It said it expects free cash flow of $17 to $18 billion, capital investment of $21 to $22 billion, and adjusted EPS of $2.15 to $2.25.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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