Home › AT&T results fall in Q2 as Covid-19 hits ad revenues, subscriber growth
 

Keywords :   


AT&T results fall in Q2 as Covid-19 hits ad revenues, subscriber growth

2020-07-23 14:22:00| Telecompaper Headlines

(Telecompaper) AT&T reported a fall in second-quarter results, as the Covid-19 pandemic hurt advertising, pay-TV and roaming revenues at the company. Net earnings fell to USD 0.17 per share from USD 0.51 a year ago, including a goodwill writedown on its Vrio pay-TV business in Latin America (USD 0.29) and restructuring costs (USD 0.10), and adjusted earnings dropped to USD 0.83 from USD 0.89, including an estimated 9-cent impact from the pandemic. 

Tags: results fall growth hits

Category:Telecommunications

Latest from this category

All news
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
28.02This Week in Agribusiness, February 28, 2026
28.02This Week in Agribusiness, February 28, 2026
28.02Rent tops 1,000 a month in more areas - find out where
27.02What the Warner Bros deal could mean for streaming, cinemas and news
27.02JBS breaks ground on Cactus beef plant expansion
27.02Gov. Pillen signs bill to streamline livestock zoning processes
27.02Beefs positive consumer valuation driven by quality
27.02Sam Altman backs rival Anthropic in fight with Pentagon
More »