AT&T (T) posted mixed first-quarter 🅺results Wednesday, missing revenue estimates but reporting additions to its m♌obile and internet subscriber base.

The company reported $30.03 billion in total revenue, shy of the $30.54 billion 澳洲幸运5官方开奖结果体彩网:analysts expected, according to estimates compiled by Visible Alpha, as lower sales volumes and a 7.8% year-over-year revenue decrease in its Business Wireline division dragged AT&T's top line.

Diluted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of 47 cents fell short of expectations of🎀 51 cents per share. However, adjusted EPS of 55 cents per share topped the estimated 54 cents per s𓂃hare.

AT&T added 349,000 wireless phone subscribers, bringing its total mobile subscriber base to 71.6 million, along with 252,000 new subscribers for its AT&T Fiber internet service, both of which are lower than AT&T posted in the first quarter of 2023.

Full-year guidance for 2024 was also affirmed, with AT&T projecting 3% growth to its wireless service revenue, along with growth of at least 7% in broadband revenue. The company expects adjusted EPS from $2.15 to $2.25, below the $2.41 mark it reported in 2023, but AT&T said it expects adjusted EPS to grow in 2025.

AT&T continues a week filled with telecommunications earnings. Verizon (VZ) reported first-quarter results 澳🔴洲幸运5官方开奖结果体彩网:roughly in line with analyst estimate🌠s Monday, while T-Mobile (TMUS) reports on Thursday.

Shares of AT&T initially rose in premarket trading following the report but were down🌱 slightly at $16.47 at 10:26 a.m. ET Wednesday.

UPDATE—April 24, 2024: This article was updated to re🔯flect the latest share price information.