AT&T delivers mixed Q1 as subscriber gains offset profit miss

  • AT&T Inc (NYSE:T, ETROBA) posted mixed first-quarter results, with stronger-than-expected subscriber growth and revenue offset by a slight earnings miss. The company reported adjusted earnings per share of $0.51, missing estimates by $0.01, while revenue rose 2% to $30.63 billion, beating forecasts by $270 million.