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Why AT&T Stock Lagged the Market Today

AT&T's first quarter saw the incumbent telecom earn 30.6billioninrevenue,up230.6 billion in revenue, up 2% from the same period of 2024. The company attributed this to higher take for its mobility and consumer wireline segments, offset by drops in its business wireline and Mexico business. The latter, it said, was affected by foreign exchange movements. On the bottom line, net income according to GAAP standards leaped 25% higher to almost 4.7 billion. On a non-GAAP (adjusted), per-share basis AT&T's profitability was $0.51, agai ...