
AT&T Inc (NYSE:T) shares are trading higher Thursday after the company reported better-than-expected financial results.
AT&T said first-quarter revenue decreased 13.3% year-over-year to $38.1 billion, which beat the $29.53 billion estimate. The company reported quarterly earnings of 77 cents per share, which beat the estimate of 59 cents per share, according to data from Benzinga Pro.