Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 30.2B | 1.4% |
| Gross Profit | 16.6B | 2.7% |
| Cost of Revenue | 13.7B | 0.1% |
| Operating expense | 6.96B | 1.2% |
| Net Income | -174M | 104.8% |
| EBITDA | 8.19B | 27.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 394B | 1.1% |
| Total Liabilities | 275B | 0.4% |
| Total Equity | 102B | 2.8% |
| Shares Outstanding | 7.2B | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 10.2B | 12.6% |
| Cash from investing | -5.15B | 28.2% |
| Cash from financing | -5.56B | 1.5% |
EPS
Financial Highlights for AT&T in Q3 '24
AT&T reported a revenue of 30.2B, which is a 1.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 16.6B, marking a 2.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 13.7B, a -0.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 6.96B, showing a -1.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -174M, showing a -104.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 8.19B, showing a -27.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
AT&T faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.
