Telecoms company AT&T has recorded increased revenue in the second quarter of 2018, following its acquisition of ad tech firm AppNexus and media group Time Warner. He concluded: “ The company's revenue rose from $7.3bn to $7.8bn year-on-year, although it just missed its annual revenue target of $39.39bn, recording $38.99bn. In a note on Monday, analyst Brian White said that while he expected earnings per share (EPS) growth for 2018 would be "modest", there was still room for improvement.
Telecoms company AT&T has recorded increased revenue in the second quarter of 2018, following its acquisition of ad tech firm AppNexus and media group Time Warner. The company's revenue rose from $7.3bn to $7.8bn year-on-year, although it just missed its annual revenue target of $39.39bn, recording $38.99bn. In a note on Monday, analyst Brian White said that while he expected earnings per share (EPS) growth for 2018 would be "modest", there was still room for improvement.