Tue, Apr 29, 9:06 PM (24 days ago)
**AT&T Inc. (T) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Total operating revenues increased by 2.0% to $30.63 billion, driven by higher Mobility and Consumer Wireline revenues. - **Profit Margins:** Operating income decreased by 1.6% to $5.75 billion, with an operating margin of 18.8%. - **Net Income:** Net income attributable to AT&T increased by 26.3% to $4.35 billion. - **Cash Flow:** Net cash provided by operating activities increased by 20% to $9.05 billion. - **Earnings per Share (EPS):** Basic and diluted EPS increased by 29.5% to $0.61. **Segment Performance:** - **Communications:** Operating revenues increased by 2.4% to $29.56 billion, with operating income up by 3.6% to $6.99 billion. - **Mobility:** Revenues up by 4.7%, operating income up by 4.2%. - **Business Wireline:** Revenues down by 9.1%, operating loss of $98 million. - **Consumer Wireline:** Revenues up by 5.1%, operating income up by 63.8%. - **Latin America:** Operating revenues decreased by 8.7% to $971 million, with operating income improving to $43 million. **Trends & Uncertainties:** - **Revenue Growth:** Driven by Mobility and Consumer Wireline segments. - **Cost Management:** Operating expenses increased due to higher equipment costs and restructuring charges. - **Debt Management:** Interest expense decreased due to lower debt balances. - **Regulatory Environment:** AT&T faces regulatory challenges that may affect operations and cash flow. - **Future Operations:** Focus on network upgrades, fiber expansion, and strategic initiatives to drive growth. **Future Outlook:** - **Liquidity:** $6.89 billion in cash and cash equivalents as of March 31, 2025. - **Capital Expenditures:** $4.28 billion in capital expenditures, focusing on network and fiber investments. - **Dividends:** Paid $2.09 billion in dividends, with a dividend policy considering shareholder expectations and growth opportunities. - **DIRECTV Sale:** Expected to close in mid-2025, with a gain on sale dependent on the timing of the close. **Risks:** - Economic and political changes, public health emergencies, and regulatory challenges. - Competitive pressures and technological advancements. - Supply chain disruptions and network reliability. - Tax laws and regulations, intellectual property rights, and data privacy concerns. - Litigation and arbitration outcomes, and cybersecurity threats.