8-KEarnings & ResultsExhibits & Filings

AT&T INC. 8-K Report, Financial Results (Jul 22, 2021)

Filed July 22, 2021For Securities:TT-PCTBBT-PA

Summary

AT&T Inc. (T) filed an 8-K on July 22, 2021, primarily to report its financial results for the second quarter ended June 30, 2021. The filing includes a press release and supporting financial information, allowing investors to review the company's performance during the period. Key aspects of these results, though not detailed in the 8-K itself, are expected to cover revenue, profitability, subscriber trends, and any significant operational updates for the quarter. Investors should pay close attention to the provided exhibits (99.1, 99.2, and 99.3) for a comprehensive understanding of AT&T's financial condition and operational performance. Exhibit 99.1 contains the press release detailing the Q2 2021 results, while 99.2 offers selected financial statements and operating data. Importantly, Exhibit 99.3 addresses the reconciliation of non-GAAP measures, which is crucial for investors seeking to understand how AT&T presents its performance beyond standard accounting principles.

Key Highlights

  • 1AT&T announced its Q2 2021 financial results on July 22, 2021, via an 8-K filing.
  • 2The filing incorporates by reference a press release detailing the second quarter performance.
  • 3Accompanying financial statements and operating data are provided as exhibits.
  • 4A specific exhibit is dedicated to the discussion and reconciliation of non-GAAP financial measures.
  • 5Investors can access detailed financial performance and operational updates through the attached exhibits.
  • 6The filing pertains to the fiscal quarter ended June 30, 2021.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report AT&T's financial results for the second quarter of 2021, which ended on June 30, 2021. It serves as a public disclosure of the company's performance during that period.

The specific financial details are not detailed within the 8-K itself but are provided in the attached exhibits. Investors should refer to Exhibit 99.1 (press release), Exhibit 99.2 (selected financial statements and operating data), and Exhibit 99.3 (discussion and reconciliation of non-GAAP measures) for comprehensive information.

Non-GAAP measures are financial metrics that are not calculated in accordance with Generally Accepted Accounting Principles (GAAP). Exhibit 99.3 in this filing explains how AT&T calculates these measures and reconciles them to GAAP. They are important because companies often use them to provide a clearer view of underlying business performance, potentially excluding certain one-time or non-recurring items.

While not explicitly listed in the 8-K summary, investors typically look for key performance indicators such as total revenue, earnings per share (EPS), operating income, free cash flow, subscriber growth (wireless, broadband, pay-TV), capital expenditures, and any segment-specific performance updates for AT&T's various business units.