Communication Services
Telecom Services
$167.61B
149.9K
Key insights and themes extracted from this filing
Total operating revenues decreased slightly from $29,917 million in Q2 2023 to $29,797 million in Q2 2024, a 0.4% decrease. This was driven by a decrease in equipment revenue, partially offset by a slight increase in service revenue.
Operating income decreased from $6,406 million in Q2 2023 to $5,760 million in Q2 2024, a 10.1% decrease. This was due to a slight decrease in total operating revenues and an increase in total operating expenses.
Net income attributable to AT&T decreased from $4,489 million in Q2 2023 to $3,597 million in Q2 2024, a 19.9% decrease. This was driven by a decrease in operating income and an increase in interest expenses.