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AT&T Inc.

AT&T Reports Strong First-Quarter 2025 Financial Results

| 8-K |Communication Services

Summary

AT&T Inc. reported solid first-quarter financial results for 2025, showcasing strong revenue growth and profitability. The company reported revenues of $30.6 billion, a 2.0% increase year-over-year, driven by growth in mobility and consumer wireline services. Diluted earnings per share (EPS) were $0.61, up from $0.47 in the first quarter of 2024, reflecting an earnings beat. Operating income was $5.8 billion, and adjusted EBITDA was $11.5 billion. AT&T also reiterated its full-year 2025 financial and operational guidance, with expectations for consolidated service revenue growth in the low-single-digit range, mobility service revenue growth in the higher end of the 2% to 3% range, and consumer fiber broadband revenue growth in the mid-teens. Free cash flow for the quarter was $3.1 billion. The company expects to commence share repurchases in the second quarter of 2025, operating within its net leverage target of net debt-to-adjusted EBITDA in the 2.5x range.

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About AT&T Inc.

AT&T Inc. is a leading telecommunications conglomerate that provides a wide array of communication services. Its primary function is to offer wired and wireless voice and data telecommunications services to consumers, businesses, and governmental agencies. AT&T operates prominent brands such as AT&T Mobility, offering wireless voice and data services, and provides broadband subscription television services through its subsidiary, DirecTV. The company plays a significant role in pioneering broadband networks and building advanced mobile and 5G infrastructures, impacting various sectors such as media, entertainment, and technology. Headquartered in Dallas, Texas, AT&T also holds a strategic position in content distribution following its acquisition of Time Warner, diversifying with ventures into media production and streaming services. AT&T continues to be a driving force in shaping global communications and media landscapes by maintaining robust connectivity solutions and content delivery mechanisms.

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