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AT&T's quarterly results short of forecasts

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AT&T Inc.'s third-quarter net income and revenue fell short of analysts' expectations.

Earnings were $3.03 billion, or 49 cents per share. Adjusted for amortization costs and costs related to mergers and acquisitions, earnings were 74 cents per share, a cent less than forecasted.

Revenue was $39.7 billion, short of the $40.3 billion market analysts were looking for.

Read more from The Associated Press.

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