AT&T reported higher-than-expected earnings in the last quarter, the last full period of results from WarnerMedia activities, which it has separated from its assets ever since.
Revenue fell to $ 38.1 billion from $ 43.9 billion, although the total for the previous year included results from US video and vrio activities, which have now been sold.
Analysts expected $ 38.2 billion in the quarter.
The company posted a net profit of $ 4.8 billion, or 65 cents a share, up from $ 7.5 billion, or $ 1.02 a share, a year ago.
Earnings after adjusting for amalgamation costs stood at 77 cents a share from 85 cents a year ago, while estimates put the price at 62 cents a share.
The share strengthened 1.1% in pre-conference trading.
During the quarter, it added 691,000 new prepaid subscribers, the strongest performance in more than a decade.
Convergent estimates put the number at 413,000 new prepaid subscribers.
It also generated $ 700 million in cash flows during the quarter.
Source: Capital
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