AT&T (T) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined compared with the same period a year earlier. The sequential trend improved, with revenue rising from the prior quarter.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter declined compared with the same period a year earlier. The sequential trend improved, with revenue rising from the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$30.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.4%
Change from the immediately preceding quarter.
Year-over-year
-0.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$122.1B
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 |
|---|---|---|
| Dec 31, 2023 | $32B | +2.2% |
| Mar 31, 2024 | $30B | -0.4% |
| Jun 30, 2024 | $29.8B | -0.4% |
| Sep 30, 2024 | $30.2B | -0.5% |
Revenue performance
Reported revenue decreased relative to the same quarter one year ago. The decline was driven by lower operating revenues in the Communications segment.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. However, compared with the same quarter one year earlier, revenue was lower.
What to watch
The company noted adverse economic and political changes, including inflation and rising interest rates, as potential factors that could affect future results.