AT&T Reports Mixed Q2 Results in First Earnings After Time Warner

AT&T reported second-quarter earnings on Tuesday that missed Wall Street expectations on revenue but surpassed them on an earnings-per-share basis.

The telecommunications company said in its quarterly filing that diluted earnings per share were 91 cents, above analysts’ consensus expectations of 85 cents per share, according to forecasts on Yahoo Finance. However, revenue for the second quarter was $39 billion, below the $39.4 billion analysts on Wall Street projected.

AT&T’s stock dropped 1.2 percent to $31.30 per share in after-hours trading.

Also Read: Turner CEO John Martin to Exit Following Time Warner-AT&T Merger

This is the first quarterly earnings since AT&T completed its $84.5 billion acquisition of Time Warner, though it’s still being appealed by the U.S. Department of Justice. AT&T adds a bevy of assets with the deal, including HBO, CNN, and Warner Bros., as the corporate battle for content ramps up. The earnings include 16 days of WarnerMedia results.

AT&T added 342,000 DirecTV Now subscribers, offsetting a loss of 262,000 traditional TV customers. DirecTV Now hit a total of 1.8 million customers for its streaming service, as AT&T works to compete with powerhouses like Netflix, Amazon, and Hulu.

The Dallas-based company highlighted “Ocean’s 8,” one of the Warner Bros. films released during the quarter, for grossing more than $250 million internationally. AT&T also pointed to HBO’s 108 Emmy nominations, second only to Netflix, in its release.

13 Horror Movies to Stream on Netflix for Friday the 13th (Photos)

Friday the 13th is a big day for horror, big enough that there's a long-running slasher movie franchise called "Friday the 13th." So to help you celebrate the right way -- by watching a horror movie, we've selected 13 scary flicks that are readily available for streaming.
"Friday the 13th" (1980)

This film introduced us to Jason Voorhees, the hockey mask-wearing mass murderer who has since become a horror icon.
Paramount Pictures
"Creep" (2014)

Patrick Brice's found footage horror film follows a man who begins to suspect he's in danger after he responds a cryptic Craigslist job listing.
The Orchard
"The Invitation" (2015)

Karyn Kusama's "The Invitation" is a remarkable character study where the real horror comes from the socially awkward dynamics between old friends. It has a few remarkable twists as you decipher whether something is really wrong or if you're just being paranoid.
Drafthouse Films
"XX" (2017)

This collection of four short horror films features all-female directors, Karyn Kusama ("The Invitation"), Roxane Benjamin (producer on "V/H/S"), Jovanka Vuckovic and indie rock guitarist St. Vincent making her directorial debut.
Magnet Releasing
"Bird Box" (2018)

How do you battle an evil that you cannot even look at? Sandra Bullock and her family must navigate the world blindfolded in this Netflix original.
Netflix
"Gerald's Game" (2017)

When her husband's sex game goes wrong, Carla Gugino's Jessie faces frightening visions and dark secrets all while handcuffed to the bed.
Netflix
"Insidious" (2010)

Haunted house? Check. Creep child? Check. This is the film that kicked off the frightening franchise.
FilmDistrict
"The Green Inferno" (2013)

Horror master Eli Roth features a group of students who are determined to save a cannibalistic Amazon tribe being squeezed by loggers. Turns out they need the saving themselves.
Universal
"The Ritual" (2018)

Four friends embark on a hiking trip where things end very badly.
Netflix
"The Forest" (2016)

"Game of Thrones" star Natalie Dormer plays a young woman searching for her twin sister who disappeared in Japan's infamous Suicide Forest.
Gramercy Pictures
"Sinister 2" (2015)

A single mother and her two sons move into a rural house with blood splattered all over the walls. What could be scary about that?
Blumhouse
"The Bye Bye Man" (2017)

When you meet the titular character, be prepared to say "bye bye!"
STX Entertainment
"Hush" (2016)

A young woman must fight for her life when a masked killer appears in her window. The twist? She's is deaf and mute.
Blumhouse

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And yes, “Friday the 13th” is available

Friday the 13th is a big day for horror, big enough that there's a long-running slasher movie franchise called "Friday the 13th." So to help you celebrate the right way -- by watching a horror movie, we've selected 13 scary flicks that are readily available for streaming.

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