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AT&T Inc. Q2 Profit Falls

AT&T Inc. (T) released earnings for second quarter that decreased from last year

The company's bottom line totaled $4.75 billion, or $0.59 per share. This compares with $5.97 billion, or $0.76 per share, in last year's second quarter.

Excluding items, AT&T Inc. reported adjusted earnings of $0.65 per share for the period.

The company's revenue for the quarter fell 17.1% to $29.64 billion from $35.74 billion last year.

AT&T Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $4.75 Bln. vs. $5.97 Bln. last year.
-EPS (Q2): $0.59 vs. $0.76 last year.
-Revenue (Q2): $29.64 Bln vs. $35.74 Bln last year.

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