T AT&T is up over 4% thanks to a fantastic quarter. While revenue was a slight miss, earnings topped expectations. So did customer additions
T AT&T is up over 4% thanks to a fantastic quarter. While revenue was a slight miss, earnings topped expectations. So did customer additions for its fiber-optic Internet and Wireless businesses. On CNBC's "Squawk Box," CEO John Stankey said the results prove "we're doing a lot of things customers like." Stankey also said AT&T is stepping up buybacks to take advantage of the stock's recent declines, mostly driven by concerns about competition from SpaceX's Satellite Internet service Starlink. - per Cramer Investing Club Newsletter
T AT&T is up over 4% thanks to a fantastic quarter.
While revenue was a slight miss, earnings topped expectations.
So did customer additions for its fiber-optic Internet and Wireless businesses.
On CNBC's "Squawk Box," CEO John Stankey said the results prove "we're doing a lot of things customers like." Stankey also said AT&T is stepping up buybacks to take advantage of the stock's recent declines, mostly driven by concerns about competition from SpaceX's Satellite Internet service Starlink. - per Cramer Investing Club Newsletter