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5d ago

AT&T Exceeds Q1 Estimates with Strong Subscriber Growth and Revenue Gains

The telecom giant added 324,000 wireless and 261,000 fiber subscribers, posted $30.6 billion in revenue, and reaffirmed its full-year financial outlook while preparing for share buybacks.

The AT&T logo is pictured during the Forbes Forum 2017 in Mexico City, Mexico, September 18, 2017. REUTERS/Edgard Garrido/File Photo
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Overview

  • AT&T added 324,000 net postpaid wireless subscribers in Q1 2025, surpassing FactSet estimates of 258,300.
  • The company also gained 261,000 net fiber subscribers, continuing its strategy of bundling fiber and 5G services.
  • Total revenue for the quarter rose 2% year-over-year to $30.6 billion, exceeding analysts' expectations of $30.35 billion.
  • AT&T reaffirmed its full-year guidance, forecasting low-single-digit service revenue growth, at least 3% adjusted EBITDA growth, and adjusted EPS between $1.97 and $2.07.
  • The results excluded DirecTV performance as AT&T prepares to sell its 70% stake for $7.6 billion, and the company announced plans to begin share repurchases in Q2.