AT&T misses quarterly revenue estimates as competition weighs
5 Articles
5 Articles
AT&T misses quarterly revenue estimates; shares down
(Reuters) -AT&T Inc on Thursday missed Wall Street estimates for its first-quarter revenue, signaling intense competition from deep-pocketed rivals Verizon Communications Inc and T-Mobile US Inc. Shares of the Dallas, Texas-based company fell nearly 4%
AT&T misses quarterly revenue estimates as competition weighs
:Shares of AT&T Inc fell 4 per cent in premarket trade on Thursday as the wireless carrier missed Wall Street estimates for first-quarter revenue, signaling intense competition from rivals Verizon Communications Inc and T-Mobile US Inc. Much like other sectors, telecoms are facing the pinch of consumers re
IBM misses first quarter revenue estimates; cuts growth forecast to 6%-8%
The company's software and consulting businesses rose 6% and 8.2%, respectively, at constant currency in the first quarter, in line with IBM's targets. Big Blue also reiterated its full-year free cash flow forecast of $10.5 billion.
Coverage Details
Bias Distribution
- 60% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage