AT&T said Q4 2024 revenues were $32.3 billion, compared with $32.0 billion in the year-ago period, operating income was $5.3 billion, consistent with the year-ago quarter, and net income was $4.4 billion, compared with $2.6 billion in the year-ago period.

1. 01

   AT&T said Q4 2024 revenues were $32.3 billion, compared with $32.0 billion in the year-ago period, operating income was $5.3 billion, consistent with the year-ago quarter, and net income was $4.4 billion, compared with $2.6 billion in the year-ago period.

2. 02

   The company said full-year 2024 operating income was $19.0 billion, compared with $23.5 billion in 2023, and full-year operating expenses were $103.3 billion. It cited a $4.4 billion non-cash goodwill impairment in Q3 as a factor in the increase in operating expenses.

3. 03

   AT&T said cash from operating activities for full-year 2024 was $38.8 billion, up $0.5 billion from the prior year, and free cash flow was $17.6 billion, compared with $16.8 billion in the prior year.

4. 04

   The company provided full-year 2025 guidance of capital investment in the $22 billion range and free cash flow, excluding DIRECTV, of $16 billion+. It said it continues to expect the sale of its entire 70% stake in DIRECTV to TPG to close in mid-2025.

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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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