AT&T Reports 10 Percent Earnings Growth
OREANDA-NEWS. July 30, 2012. USD 0.66 diluted EPS compared to USD 0.60 diluted EPS in the second quarter of 2011, up 10 percent year over year and sequentially, reported the press-centre of AT&T.
Consolidated revenues of USD 31.6 billion, up 0.3 percent versus the year-earlier period; up 2.0 percent when adjusted for Advertising Solutions sale
Highest-ever wireless margins, operating income margin of 30.3 percent, with EBITDA service margin of 45.0 percent
USD 2.5 billion in stock buybacks; 75.8 million shares repurchased
AT&T's growth engines — wireless, wireline data and managed services — represented 80 percent of total revenues when excluding Advertising Solutions, and grew 5.5 percent versus the same quarter a year ago, led by:
18.8 percent growth in wireless data revenues, up USD 1 billion versus the year-earlier quarter
13.5 percent growth in strategic business services revenues
38.3 percent growth in U-verse revenues
Best-ever postpaid, prepaid and total wireless churn; postpaid churn drops to 0.97 percent
1.3 million total wireless net adds, with gains in every customer category; 320,000 postpaid net adds
Strong smartphone sales of 5.1 million with more than one-third of all postpaid smartphone subscribers now on 4G-capable devices
Branded computing (tablets, tethering plans, etc.) net adds of 496,000 to reach a total of 6.3 million, up more than 50 percent versus a year ago
Postpaid wireless subscriber ARPU (average monthly revenues per subscriber) up 1.7 percent to \\$64.93
First enterprise revenue growth in more than four years
Wireline consumer revenues up 1.7 percent versus the year-earlier period; their strongest growth in more than four years
6.8 million total AT&T U-verse® subscribers (TV and high speed Internet) in service; U-verse TV subscribers grew 22 percent year over year.
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