AT&T Q2 Earnings Take $830 Million Hit From COVID-19, WarnerMedia Revenue Down 23%

AT&T said sales for the second quarter of 2020 were lower across all of its segments because of the coronavirus pandemic. That included a 22.9% plunge in WarnerMedia revenue, which the telco said was partly due to lower content and ad sales related to COVID-19. WarnerMedia's Q2 2020 operating revenue was $6.8 billion, down 22.9% […]