قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ AT&T misses revenue for fourth quarter 2018 – TechCrunch

AT&T misses revenue for fourth quarter 2018 – TechCrunch



AT & T just published its earnings report for the fourth quarter of 2018. The company generated $ 47.99 billion in revenue with adjusted earnings per share. 86 cents share excluding special items.

Wall Street analysts expected earnings per capita. Share of 86 cents and DKK 48.5 billion. dollars in revenue.

AT & T shares (NYSE: T) are currently trading 0.78 percent in pre-trade compared to yesterday's closing price of $ 30.67.

"Our top priority for 2018 and 2019 reduces our debt and I could not be more satisfied with how we closed the year. In 2018, we generated record-free cash flows while investing at nearly record levels. Our dividend payout as a percentage of the free Cash flow was 46% for the quarter and 60% for the year, allowing us to increase the proceeds for the 35th consecutive year. "AT & T President and CEO Randall Stephenson wrote in the release. "This dynamic will lead us into 201

9 so we can continue to reduce our debt while investing in the business and continue our strong dividend record."

AT & T added 134,000 post-paid subscribers in the quarter. Analysts expected more from the company. Revenue is 15.2 percent higher than the previous year, but this is mainly due to AT & T's acquisition of Time Warner.


Source link