AT&T Q2 net income increases
Oct 03, 2012 (Datamonitor via COMTEX) --
AT&T Inc. has reported that net income attributable to the company for the second quarter ended June 30, 2012 was $3.9 billion, or $0.66 per diluted share, compared to $3.59 billion, or $0.6 per diluted share, for the same quarter ended June 30, 2011.
Total operating revenues for the second quarter ended June 30, 2012 were $31.57 billion, compared to $31.49 billion for the same quarter ended June 30, 2011.
Net income attributable to the company for the six months ended June 30, 2012 was $7.49 billion, or $1.27 per share, compared to $7 billion, or $1.18 per share, for the same period ended June 30, 2011.
Total operating revenues for the six months ended June 30, 2012 were $63.4 billion, compared to $62.74 billion for the same period ended June 30, 2011.
"We executed well across the business and posted another strong quarter with growing revenues, expanding margins and double-digit earnings growth," said Randall Stephenson, AT&T chairman and CEO.
"Our mobile Internet leadership continues, with solid gains in smartphones and tablets, plus our wireless margins have never been better. And most impressive, with this growth, we also achieved our best-ever postpaid wireless churn, which points to the premier experience customers receive on our network. All of these things add to our confidence and enthusiasm looking ahead."
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