AT&T Q4 equipment revenue rises to USD 8.1 billion, up 13 percent

Reuters
Jan 28
AT&T Q4 equipment revenue rises to USD 8.1 billion, up 13 percent

AT&T reported total revenues of USD 33.5 billion for the fourth quarter (Q4) and USD 125.6 billion for the full year (FY) 2024. Service revenue for Q4 amounted to USD 25.4 billion, while equipment revenue reached USD 8.1 billion, up 13 percent for the quarter and 10.3 percent for the full year. Net income attributable to common stock was USD 3.8 billion for Q4 and USD 21.9 billion for FY 2024. Basic earnings per share attributable to common stock were USD 0.53 for Q4 and USD 3.04 for the full year. In the Communications segment, Mobility revenues totaled USD 23.1 billion in Q4 and USD 85.3 billion for FY 2024. Business Wireline revenues were USD 4.5 billion in Q4 and USD 18.8 billion for the year, while Consumer Wireline revenues were USD 3.5 billion in Q4 and USD 13.6 billion for the year. The company’s weighted average common shares outstanding were 7.1 billion for Q4 and 7.2 billion for FY 2024.

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