19 Hrs
المشهد العربي
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المشهد العربي

2026-07-31T05:04:40.000Z

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AT&T stock rises after quarterly report

AT&T stock rises after quarterly report

AT&T's stock rose by over 6% during Wednesday's trading session, driven by its quarterly financial results that surpassed expectations due to increased subscriber numbers in mobile and internet services. The company added 432,000 new subscribers in the second quarter, beating analysts' forecasts of 338,500, marking the fastest growth in individual accounts in over three years. Additionally, its revenue grew by 2.3% to $31.6 billion, although it remained below market estimates of $31.8 billion, due to ongoing declines in traditional network service revenues.

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