🔹 Revenue: $30.88 B (Est. $30.43 B) 🟢; +3.5% YoY
🔹 Adj. EPS: $0.54 (Est. $0.52) 🟢
🔹 Adjusted EBITDA: $11.78 B (Est. $11.68 B) 🟢
FY25 Guidance
🔹Adj. EPS: $1.97–2.07 (Est. $2.09) 😕
🔹Capex: $22.0–22.5 B (Est. $21.03 B) 🟢
🔹Free Cash Flow: low‑to‑mid $16 B
🔹Consolidated Service Rev Growth: low‑single‑digit range
🔹Consumer Fiber Broadband Rev Growth: mid‑to‑high teens
🔹Adj. EBITDA Growth: ≥ 3% y/y
Q2 Segment & Subscriber Metrics
🔹 Wireless Postpaid Phone Net Adds: +401 K (Est. +300.9 K) 🟢
🔹 Wireless Postpaid Net Adds: +479 K (Est. +437.8 K) 🟢
🔹 Postpaid Phone‑Only Churn: 0.87% (Est. 0.82%) 🔴
🔹 AT&T Fiber Net Adds: +243 K (Est. +252.0 K) 🔴
🔹 Mobility Service Revenue: $16.9 B; UP +3.5% YoY
🔹 Consumer Fiber Broadband Revenue: $2.1 B; UP +18.9% YoY
Other Metrics
🔹 Free Cash Flow: $4.39 B
🔹 Cash Tax Savings (2025–27): $6.5–8.0 B
🔹 Pension Funding Contribution: $1.5 B by end‑2026
🔹 Fiber Network Investment from Tax Savings: $3.5 B
🔹 Share Repurchases: ~$1.0 B YTD
CEO Commentary
🔸 “We are winning in a highly competitive marketplace, with the nation’s largest wireless and fiber networks. Customers are increasingly choosing AT&T because we have the best technology and options for wireless and broadband connectivity, backed by the AT&T Guarantee.” — John Stankey
🔸 “The milestones achieved this quarter – from passing more than 30 million customer locations with fiber and eclipsing 1 million total AT&T Internet Air customers, to our agreement to acquire substantially all of Lumen’s Mass Markets fiber business – strengthen the industry’s best and leading connectivity portfolio.” — John Stankey