AT&T tops analysts' estimates for profit and revenue in fiscal Q4.
HBO Max activations jumped 100% on a quarter over quarter basis. The U.S. firm reports 800 thousand post-paid phone net adds. AT&T Inc. (NYSE: T) reported its financial results for the fiscal fourth quarter on Wednesday that topped analysts’ estimate for profit and revenue. The company attributed its hawkish performance primarily to robust demand for HBO Max and its post-paid services in recent months. AT&T shares were reported about 2.5% down in premarket trading on Wednesday. Including the price action, the stock is now exchanging hands at £21.19 per share versus a lower £19.52 per shar...