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 on Netflix.
"The Platform" (2020)

The Spanish horror flick from director Galder Gaztelu-Urrutia was one of Netflix's most popular releases in 2020, set within a "Vertical Self-Management Center" where prisoners are fed by a descending platform and left to figure out for themselves how to divide it up.
Netflix
"The Evil Dead" (1981)

Sam Raimi's horror classic starring Bruce Campbell centers on a group of friends who accidentally summon demonic spirits while vacationing at an isolated cabin in Tennessee.

New Line Cinema
"Unfriended" (2014)

Leo Gabriadze's innovative cyberbullying parable tells its story about a group of high-schoolers being haunted by their dead friend almost entirely through one character's MacBook screen.
Universal
"Creep" (2014)

Patrick Brice's found footage horror film follows a man who begins to suspect he's in danger after he responds to 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
"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
"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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Unfortunately, “Friday the 13th” is not 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 on Netflix.

View In Gallery

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

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