AT&T (T) has released an update.
AT&T Inc. reported fourth-quarter 2023 income from continuing operations at $2.6 billion or $0.30 per diluted share, a significant improvement from a loss of $(23.1) billion or $(3.20) per share in the same quarter of 2022. Full-year income for 2023 was $15.6 billion or $1.97 per diluted share, compared to a loss of $(6.9) billion or $(1.10) per share in 2022. Operating revenues rose to $32.0 billion in Q4 2023 and $122.4 billion for the full year, reflecting growth in Mobility and Consumer Wireline revenues. Operating expenses decreased due to lower personnel costs and the absence of prior-year goodwill impairment charges, while operating income significantly increased both for the quarter and the full year.
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