(CercleFinance.com) – AT&T publishes adjusted EPS from continuing operations of $0.54 for the last three months of 2023, compared to $0.61 a year earlier, as well as free cash flow of $6.4 billion for revenues growing by 2.2% to 32 billion.
Driven by the growth of 5G and fiber, the telecoms operator is thus claiming annual performances higher than its 2023 objectives, with free cash flow increasing to 16.8 billion and an increase of 4.4% in its revenue from mobility services.
For the year ahead, AT&T expects adjusted EPS of $2.15 to $2.25, free cash flow in the range of $17 to $18 billion, as well as growth in adjusted EBITDA and wireless service revenues of around 3%.
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