AT&T (NYSE: T) reported Q1 EPS of $0.72, $0.03 better than the analyst estimate of $0.69. Revenue for the quarter came in at $40.5 billion versus the consensus estimate of $40.47 billion.

Cash from operating activities was $7.9 billion in the first quarter, and capital investment1 totaled $4.7 billion. Free cash flow — cash from operating activities minus capital expenditures — was $3.2 billion, up 17% year over year.

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