AT&T Inc. announced on Wednesday that its revenue in the first quarter of its fiscal 2025 rose by 2% compared to the same period a year prior to land at $30.6 billion.
The company's net income reached $4.7 billion in the reported quarter, increasing from the $3.8 billion reported in the same quarter of the previous year. The earnings per diluted share (EPS) stood at $0.61, rising from $0.47 per share in the first trimester of 2024.
"We are growing the right way as customers continue to choose AT&T Fiber and 5G wireless for connectivity they can rely on, guaranteed or we'll make it right. The priorities we laid out at our 2024 Analyst & Investor Day have not changed, and we continue to operate our business to achieve the financial plan and capital returns we outlined in December," CEO John Stankey commented. AT&T's stock jumped 3.08% during premarket hours after the release of the earnings report.
