Despite mixed results for its fiscal third-quarter, AT&T seemed surprisingly chirpy.
The US' second-largest cell network on Thursday reported revenue of $39.1 billion, or 74 cents per share (statement).
Wall Street was looking for earnings of 69 cents per share with $40.42 billion in revenue.
That's a miss on revenue, but a hit on earnings per share. AT&T's stock ($T) was at one point up more than 2 percent in after-hours trading.
The company saw flat wireless revenue growth of of $18.3 billion during quarter, compared to $14.6 billion in wireline revenue for the quarter.
On the mobile front, AT&T added 2.5 million new customers.
In prepared remarks, AT&T chief executive Randall Stephenson described the company's quarterly results as "outstanding," adding:
"We now have integrated solutions that are unlike any competitor in the market, With our national wireless and video capabilities, as well as our extensive broadband network, we now have assets that make us a unique competitor and the first scaled, fully-integrated U.S. service provider. We turned in outstanding financial results in the quarter. Our early integration efforts with DirecTV are going very well and we've just begun to scratch the surface on the video, wireless and broadband cross-selling opportunities."
Other interesting nuggets from the quarter:
- 289,000 new postpaid adds, with 622,000 tablets and other devices added
- 1.6 million new connected devices, including 1 million connected cars
- 26,000 domestic DirecTV net adds (AT&T bought the company for $48.5 billion)
AT&T raised its earnings per share outlook for the full year, saying it now expects it to fall between the $2.68 to $2.74 per share range.
Wall Street was expecting the company to report $2.61 per share for the year.