NYSE:TTelecom
Will Strong Q2 Results and Buybacks Shift AT&T's (T) Long-Term Growth Narrative?
AT&T recently reported its second-quarter results, showing revenue of US$30.85 billion and net income of US$4.50 billion, both up from a year earlier, alongside completed buybacks totaling US$1.3 billion for over 47 million shares. The company also reaffirmed its outlook for low-single-digit annual service revenue growth through 2027.
A key takeaway is that robust operational performance and capital return initiatives are reinforcing management’s confidence in AT&T’s long-term growth...