
AT&T sticks to guidance after flat Q3 result

Telecommunications giant AT&T maintained its full year financial guidance after announcing a flat adjusted operating profit for the third quarter of the 2025 financial year (Q3 FY25). The American company said net income in the three months ended 30 September was $9.7 billion, which included a $5.5 billion gain on the sale of its remaining DIRECTV investment, versus $0.1 billion in the previous corresponding period (pcp), which included a $4.4 billion non-cash goodwill impairment. When adjusted for certain items, adjusted operating income rose 1.5% to $6.6 billion on revenue, which edged up by 1.6% to $30.7 billion as higher Mobility, Consumer Wireline and Mexico income was partially offset by a decline in Business Wireline income. AT&T said diluted earnings per share (EPS) were $1.29 versus a three-cent loss in the pcp, but when adjusted for the gain on the 70% DIRECTV sale, legal settlement costs and other items, they were consistent with the pcp at 54 cents. Source: AT&TThe Dallas-based company said the strong third-quarter results demonstrated continued customer demand for its wireless and fibre offerings and positioned it to deliver on its full-year consolidated financial outlook. The company reiterated its FY25,