On January 27, 2025, AT&T Inc (T, Financial) released its 8-K filing, reporting robust fourth-quarter and full-year 2024 results. The company demonstrated solid momentum in expanding its 5G and fiber subscriber base, meeting all 2024 financial guidance and reiterating its outlook for 2025. AT&T's wireless business, which contributes nearly 70% of its revenue, continues to be a key driver of growth. The firm is the third-largest US wireless carrier, serving 72 million postpaid and 17 million prepaid phone customers. Additionally, AT&T's fixed-line enterprise services and residential fixed-line services account for 15% and 11% of revenue, respectively, while its operations in Mexico contribute 4% of revenue.

Financial Performance and Challenges

AT&T Inc (T, Financial) reported fourth-quarter revenues of $32.3 billion, slightly above the analyst estimate of $32,040.52 million. The company's diluted earnings per share (EPS) for the quarter was $0.56, surpassing the estimated EPS of $0.48. Adjusted EPS stood at $0.54, consistent with the previous year. The company's performance is significant as it reflects its ability to maintain growth in a competitive telecommunications market. However, challenges such as increased operating expenses due to network modernization and higher equipment costs could pose potential hurdles.

Key Financial Ach

Explore the complete 8-K earnings release (here) from AT&T Inc for further details.