AT&T (T) shaಞres advanced Wednesday as the telecom giant posted strong subscriber numbers.

The company reported third-quarter postpaid phone net adds of 403,000, and "churn," which measures the percentage of those who opt out of their contracts, of 0.78%. Both were better than con📖sensus estimates of analysts polled by Visible Alpha. 

Adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) came in at $0.60, and 澳洲幸运5开奖号码历史查询:free cash flow was $5.1 billion. Both were also better than expect🅷ed. However, revenue slipped less than 1% to $30.2 billion, short of forecasts.

The postpaid phone adds helped boost sales at the company's Mobility segment by 1.7% to $21.05 billion. That was partially offset by an 11.8% drop to $4.61 billion in the Business Wireline unit, which has been struggling as companies pull back on legacy voice and data services.

CEO Touts Converged 5G, Fiber Co🅷nnectivity Strength

澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) John Stankey said the results show AT&T's strength in converged 5G and fiber connectivity. "Despite severe weather and a work stoppage in the Southeast, this is our 1🃏9th straight quarter of adding more than 200,000 new AT&T Fiber customers," Stankey added.

The company reit🧜erated its full-year guidance of adjusted EPS of $2.15 to $2.25.

AT&T shares rose nearly 3% in recent trading and have added roughly 30% of their value in 2024.