AT&T releases its Q2 2015 earnings, showing another solid performance
AT&T has reported its second quarter earnings, showing minor improvement compared to the same time last year. The company generated $33 billion in overall revenue, up 1.4% since last year. In addition, the carrier’s stock price per share increased sixty-nine cents this year compared to only sixty-one cents last year. AT&T also mentioned it added 2.1 million wireless subscribers, 410,000 were postpaid and 331,000 prepaid. The remaining 1 million came from connected cars.
Operating income also exceeded some expectations. The carrier landed approximately $5.7 billion in the green and that is up 1.8% since one year ago. AT&T’s only downside came under net income, probably the most important area for a business, dropping from last year’s $3.5 billion to only $3 billion. The company is having trouble keeping up with the growth of other major U.S. carriers such as T-Mobile and Verizon.
Source: AT&T
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