AT&T Beats Estimates With Strong Revenue and Free Cash Flow
EchoStar reported $8.46 billion in headline net income on $3.58 billion of revenue, but its retail wireless business shed 118,000 subscribers and its pay-TV segment lost 241,000 users amid turnaround pressures. AT&T reported $31.56 billion in revenue, adjusted EPS of $0.65, and $4.67 billion in quarterly free cash flow, supporting its scaling strategy for high-value 5G and fiber connections.