AT&T sinks almost 10% as Q1 revenue misses estimates - Breaking The News

AT&T sinks almost 10% as Q1 revenue misses estimates

20 April

1 min read

EPA/LARRY W. SMITH

AT&T Inc.'s stock plummeted nearly 10% on Thursday after the mobile carrier's first-quarter revenue fell short of expectations. Comparing the corresponding quarter to the same period a year ago, the company's diluted earnings per share dropped by 12.3% to $0.57 per share.

The telecom giant's shares were down 9.99% trading at $17.73 per share at 12:05 pm ET.

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