AT&T Inc. Reports Q1 2023 Net Income of $4.2 Billion

AT&T Inc.(TBC), a leading tele communications company, has released its financial results for the first quarter of 2023. The company reported a net income of $4.2 billion and achieved total operating revenues of $30.1 billion during the three months ending March 31, 2023. Let's delve into the financial statements to gain further insights into AT&T's performance during this period.

Net Income/Loss

AT&T Inc. posted a net income of $4.2 billion for the first quarter of 2023. This represents a decrease from the same period in the previous year, where the net income was reported at $4.8 billion. The decrease in net income can be attributed to various factors impacting the company's financial performance during this period.

Revenue