Earnings release
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News Release Third - Quarter Consolidated Results Consolidated revenues of $ 39.9 billion Diluted EPS of $ 0.82 compared to $ 0.39 in the year - ago quarter Adjusted EPS of $ 0.87 compared to $ 0.76 in the year - ago quarter Cash from operations of $ 9.9 billion Capital expenditures of $ 4.7 billion ; gross capital investment¹ of $ 5.7 billion and cash content spend of $ 4.8 billion Free cash flow² of $ 5.2 billion Note : AT & T's third - quarter earnings conference call will be webcast at 8:30 a.m. ET on Thursday , October 21 , 2021. The webcast and related materials will be available on AT & T's Investor Relations website at https://investors.att.com . DALLAS , October 21 , 2021 - AT & T Inc. ( NYSE : T ) reported third - quarter results that showed continuing customer growth in wireless , fiber and HBO Max . " We continue to execute well in growing customer relationships , and we're on track to meet our guidance for the year , " said John Stankey , AT & T CEO . " We had our best postpaid phone net add quarter in more than 10 years , our fiber broadband net adds increased sequentially , and HBO Max global subscribers neared 70 million . We also have clear line of sight on reaching the halfway mark by the end of the year of our $ 6 billion cost - savings goal . " Third - Quarter Highlights AT & T Reports Third - Quarter Results Communications Mobility : O O O O O O O 928,000 postpaid phone net adds 1,218,000 postpaid net adds 249,000 prepaid phone net adds Postpaid phone churn of 0.72 % Revenues up 7.0 % ; service revenues up 4.6 % ; equipment revenues up 15.0 % Operating income of $ 6.0 billion , up 4.6 % year over year ; EBITDA³ up 3.6 % Operating income margin of 31.1 % ; EBITDA service margin4 55.0 %