AT&T – Co. reported better than expected profits but saw its revenues fall short of estimates. EPS excl items came in at 66 cents vs 60 cents a year ago. Expectations came in at 63 cents a share.
Revenues came in at USD 31.6 b vs USD 31.45 b a year ago vs expectations of USD 31.73 b.
The co. also witnessed 3.7 m iPhone activations in the quarter. (CNBC)