AT&T (T) Revenue — Quarter Ended Jun 30, 2024
Reported revenue declined from the prior quarter and from the same quarter a year earlier. Operating revenues for the segment also decreased compared to the year-ago period.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Reported revenue declined from the prior quarter and from the same quarter a year earlier. Operating revenues for the segment also decreased compared to the year-ago period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$29.8B
Revenue reported for this quarter.
Quarter-over-quarter
-0.8%
Change from the immediately preceding quarter.
Year-over-year
-0.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$122.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $30.4B | +1.0% |
| Dec 31, 2023 | $32B | +2.2% |
| Mar 31, 2024 | $30B | -0.4% |
| Jun 30, 2024 | $29.8B | -0.4% |
Revenue performance
Revenue for the quarter was lower than both the immediately preceding quarter and the year-ago quarter, continuing a recent pattern of sequential declines. Communications segment revenue also fell slightly on a year-over-year basis.
Quarterly comparison
Compared with the prior quarter, revenue decreased, following a smaller decline in the previous period. Versus the same quarter last year, revenue also contracted, though the year-over-year contraction was less pronounced than the sequential drop.
What to watch
The sequential revenue decline warrants attention given the prior quarter also posted a small drop.