At T Closes 2021 With Strong 4Q Net Adds Earnings And Revenue
The wireless giant reported non-GAAP fourth quarter earnings of 78 cents a share (69 cents a share GAAP) on revenue of $41 billion, beating Wall Street’s estimate of 76 cents a share on revenue of $40.4 billion. For the full year, AT&T’s non-GAAP earnings were $3.40 a share ($2.76 a share GAAP), on revenue of $168.9 billion. According to its press release, for 2021, AT&T said it led the industry in postpaid phone net adds, gaining more subscribers than in the prior 10 years combined; added more than a million fiber subscribers — the fourth year in a row in which it added at least 1 million subscribers; and exceeded the high end of its guidance for global HBO Max and HBO subscribers....