AT&T on Tuesday reported a slight gain in profit amid growth powered by its tablet business.
The Dallas telecommunications provider posted a first-quarter net profit of $3.7 billion, or 67 cents a share. In the year-earlier period, it posted a profit of $3.6 billion, or 60 cents a share. Excluding the impact of the sale of its advertising business and a tax settlement, the carrier reported earnings of 64 cents a share, up from 59 cents a share from a year ago.
Revenue, meanwhile, fell 1.5 percent to $31.4 billion, also affected by loss … Read more