AT&T Slips To Loss On Charges, But Adj. EPS Tops View

Telecom giant AT&T, Inc. reported Wednesday a hefty loss for the fourth quarter compared to a profit last year, primarily hurt by impairments, abandonments and restructuring charges. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed it by a whisker. The company also issued weak earnings guidance for the full year 2023.

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