Connect with us

Technology

John Stankey Updates Shareholders at Morgan Stanley Technology, Media & Telecom Conference on March 4

Published

2 years ago

on

DALLAS, March 4, 2025 /PRNewswire/ — Today, AT&T’s chairman and chief executive officer participated in a fireside chat where he discussed the Company’s multi-year strategic growth plan.

Key Takeaways:

AT&T is embarking on a multi-year strategic growth plan that centers around putting customers first and continued network investment.AT&T continues to make progress on becoming the best connectivity provider in America and remains on track to meet all of the financial and operational guidance shared during its fourth quarter 2024 earnings conference call and its 2024 Analyst & Investor Day.

John Stankey, chairman and chief executive officer, AT&T* Inc. (NYSE:T), spoke today at the Morgan Stanley Technology, Media & Telecom Conference where he provided an update to shareholders.

AT&T remains on track to achieve its 2025 consolidated financial guidance and deliver on its multi-year outlook

AT&T remains on track to meet all of the 2025 and multi-year financial and operational guidance shared during its fourth quarter 2024 earnings conference call and at its 2024 Analyst & Investor Day. As previously disclosed, the Company will report 2025 free cash flow and Adjusted EPS excluding DIRECTV.

AT&T expects its multi-year strategic plan to provide $50 billion+ of financial capacity over the next three years, largely through organic growth. Financial capacity represents anticipated free cash flow after distributions to noncontrolling interests, plus expected cash payments from the announced agreement to sell AT&T’s stake in DIRECTV to TPG, as well as net borrowing capacity after the Company achieves its net leverage target.

The Company expects to return $40 billion+ of financial capacity to shareholders through dividends and share repurchases. Under this capital return plan, the Company expects to maintain its current annualized common stock dividend of $1.11 per share. This plan would result in $20 billion+ in total dividend payments, with capacity for about $20 billion in share repurchases, from 2025-2027.

Of the $20 billion share repurchase capacity, AT&T’s Board previously authorized an initial tranche of approximately $10 billion in common stock repurchases. Management expects share repurchases under this authorization to commence when the Company reaches its net leverage target range and expects to conclude by the end of 2026. Additionally, the Company expects approximately $10 billion of share repurchases in 2027, pending Board authorization.

The plan also contemplates approximately $10 billion in incremental financial flexibility for items such as potential organic or inorganic strategic growth investments, debt repayment, redemptions of noncontrolling interests, or additional dividends or share repurchases.

The Company continues to expect to achieve its net leverage target of net-debt-to-adjusted EBITDA in the 2.5x range in the first half of 2025 and maintain leverage within this range through 2027.

AT&T remains focused on growing durable converged relationships with high-quality 5G & fiber customers

AT&T’s multi-year strategic growth plan will substantially advance its progress on becoming the best connectivity provider in America.

As a result of the investment-led strategy announced at its 2024 Analyst & Investor Day, the Company expects to be in a differentiated position within the connectivity industry by the end of the decade. While building the network of the future, AT&T is increasing its opportunity to serve customers how they want to be served, by one provider in a converged manner.

In Mobility, the Company continues to expect full-year wireless service growth in the higher end of the 2% to 3% range and Mobility EBITDA growth in the higher end of the 3% to 4% range. As previously stated, AT&T’s 2025 guidance anticipates a healthy wireless market with further normalization of net adds and overall activity levels. 

Additionally, customers reaching the end of their device promotions returned to a more normalized level on a seasonal basis in the fourth quarter of 2024. Postpaid phone net additions in January were impacted by this normalization, typical seasonality and the timing of promotional offers. The Company is pleased with the customer response to the recent launch of AT&T Guarantee and offers introduced over the past several weeks and expects this solid performance to continue for the remainder of the quarter.

In Consumer Wireline, the Company continues to expect full-year consumer fiber broadband revenue growth in the mid-teens and Consumer Wireline EBITDA growth in the high-single to low-double-digit range. AT&T Fiber penetration rates continue to exceed initial business case assumptions with net adds varying from quarter to quarter based primarily on the pace of new fiber locations passed, seasonality and marketplace dynamics.

In Business Wireline, the Company continues to expect full-year Business Wireline EBITDA to decline in the mid-teens range primarily due to continued industry-wide secular declines in legacy services.

Conference details and more are available on the AT&T Investor Relations website

Full conference details are posted on the AT&T Investor Relations website, including a replay of the webcast. To automatically receive AT&T financial news by email, please subscribe to email alerts.

Cautionary Language Concerning Forward-Looking Statements

Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T’s filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise. This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company’s website at investors.att.com.

About AT&T

We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.

© 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/john-stankey-updates-shareholders-at-morgan-stanley-technology-media–telecom-conference-on-march-4-302392218.html

SOURCE AT&T

Related Topics:
Continue Reading

Technology

ECARX Holdings to Report Third Quarter 2026 Financial Results on November 04, 2026

Published

50 minutes ago

on

October 21, 2026

By

LONDON, Oct. 21, 2026 /PRNewswire/ — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a leading global automotive intelligence company, today announced it will host a conference call and live webcast on Wednesday, November 04, 2026, at 8:00 a.m. ET to report its financial results and business highlights for the third quarter ended September 30, 2026.

Earnings Conference Call & Webcast Details: 

Date: Wednesday, November 04, 2026
Time: 8:00 a.m. U.S. ET
Webcast: https://edge.media-server.com/mmc/p/e4i8peb6/lan/en

To join the live conference call, please register at https://register-conf.media-server.com/register/BI9ffd14a76c2a4f01aa0a3d8d55eed7b0 to receive the conference call details as well as international access numbers.

Please join at least 15 minutes in advance to ensure a timely connection to the call and webcast. Audio replay information will be available on ECARX’s investor relations website in the news and events section.

A replay of the event and presentation materials will be available on the Company’s investor relations website under the results and reports section following the event.

= end =

About ECARX

ECARX (Nasdaq: ECX), headquartered in London, is a leading global automotive intelligence company. ECARX provides the intelligent brain that powers the next generation of software-defined and AI defined vehicles. The company delivers end-to-end, full-stack solutions spanning advanced system-on-chip hardware, high-performance central computing platforms, intelligent cockpit technology, Advanced Driver Assistance Systems, cloud connectivity and physical AI, alongside bespoke vehicle software and intelligent operating systems.

As automakers transition to software-first and AI-first vehicle architectures, ECARX empowers automakers to streamline integration, reduce systemic complexity and optimize long-term cost efficiency. ECARX’s proven technology is deployed across over 12 million vehicles worldwide, and is currently partnered with 18 global automakers and 28 vehicle brands to shape the future of automotive intelligence.

Founded in 2017 and listed on Nasdaq in 2022, ECARX operates from 15 major international locations across Europe, the Americas and Asia, with a global team of over 1,400 employees.

Forward-Looking Statements

This release contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which we operate. The use of words “expects”, “intends”, “anticipates”, “estimates”, “predicts”, “believes”, “should”, “potential”, “may”, “preliminary”, “forecast”, “objective”, “plan”, or “target”, and other similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, but not limited to statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies, future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, and the markets in which we operate.

For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statement, see ECARX’s filings with the U.S. Securities and Exchange Commission. ECARX undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.

View original content:https://www.prnewswire.com/news-releases/ecarx-holdings-to-report-third-quarter-2026-financial-results-on-november-04-2026-302914890.html

SOURCE ECARX Holdings Inc.

Continue Reading

Technology

RTX’s Pratt & Whitney Canada introduces certified PT9 engine

Published

50 minutes ago

on

October 21, 2026

By

New centerline turboprop delivers more power, efficiency and flexibility for next-generation aircraft 

LAS VEGAS, Oct. 21, 2026 /PRNewswire/ — Pratt & Whitney Canada today unveiled its latest turboprop engine with a new centerline that delivers 33% more power at altitude and reduces fuel consumption by 20%, compared to previous generation engines. The engine, which amassed more than 14,000 development hours, was recently certified by Transport Canada. Pratt & Whitney is an RTX (NYSE: RTX) business.

“The PT9 engine represents the next evolution of turboprop propulsion, delivering significant advances in performance, efficiency and adaptability to meet the needs of modern aviation,” said Satheeshkumar Kumarasingam, president, Pratt & Whitney Canada. “Designed around evolving customer needs, including advanced digital capabilities and future-ready hybridization, its architecture can be tailored to diverse airframe types and provides a strong foundation for continued innovation and technology integration.” 

The PT9 engine combines jet-like performance, turboprop efficiency and advanced digital intelligence in a next-generation architecture designed to provide more capability today and evolve with the aircraft of tomorrow. Its modular construction sets the foundation for continued innovation and technology integration, including electric aircraft and hybrid thermal-electric powerplants. The PT9 engine is ideal for high-demand missions and can be easily tailored to diverse airframe types.

Production will take place in Lethbridge, Alberta, Canada, which is also the company’s global Center of Excellence for the PT6 family of turboprop engines.

About Pratt & Whitney  
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

About RTX 
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.  

For questions or to schedule an interview, please contact corporatepr@rtx.com. 

View original content:https://www.prnewswire.com/news-releases/rtxs-pratt–whitney-canada-introduces-certified-pt9-engine-302914483.html

SOURCE RTX

Continue Reading

Technology

Rockwell Automation Introduces FactoryTalk Conductor, an AI-Native Orchestration Platform for Industrial Automation

Published

50 minutes ago

on

October 21, 2026

By

New software connects AI agents, skills and workflows across the automation lifecycle

MILWAUKEE, Oct. 21, 2026 /CNW/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the introduction of FactoryTalk® Conductor™, a new AI-native orchestration platform designed to coordinate AI-powered work across the industrial automation lifecycle, creating a foundation for AI-enabled workflows from system design through operation and maintenance. The software will make its public debut at Automation Fair® 2026 in Boston, where attendees will receive an exclusive first look ahead of its planned commercial availability in the first quarter of 2027.

According to Rockwell Automation’s 2026 State of Smart Manufacturing Report, one-third of manufacturing operations are already AI-augmented, with adoption expected to accelerate in the years ahead. As manufacturers move from AI experimentation to broader deployment, they need practical ways to connect technology, workflows and expertise. FactoryTalk Conductor is designed to meet that need through a single platform that brings AI together across engineering environments.

“The next phase of industrial AI will be defined by orchestration rather than individual copilots,” said Craig Resnick, Vice President, ARC Advisory Group. “Manufacturers need AI technologies that can coordinate tasks across software systems, engineering tools and operational data. FactoryTalk Conductor reflects the industry’s evolution toward agentic automation by bringing AI agents, workflows and industrial expertise together in a unified environment.”

FactoryTalk Conductor enables users to initiate engineering tasks using natural language and intelligently connects the software, AI capabilities and workflows needed to complete them. At launch, the platform will integrate with Studio 5000 Logix Designer®, Logix Echo™, Emulate3D® and FactoryTalk® Optix™, providing coverage across key design, development, simulation and testing workflows. Additional integrations across Rockwell Automation’s software portfolio, including FactoryTalk® Design Studio™, FactoryTalk® Historian, Plex® and Fiix®, are planned to follow, expanding AI-powered workflows across the industrial automation lifecycle.

“What makes FactoryTalk Conductor unique is the combination of AI orchestration and trusted industrial expertise,” said Matheus Bulho, senior vice president, software & control, Rockwell Automation. “Customers can leverage Rockwell Automation-verified agents and skills, create capabilities tailored to their business, and connect AI across software, data and services. This creates a scalable foundation for accelerating engineering work while maintaining the standards required in industrial environments.”

Key benefits include:

Supporting enterprise AI and governance requirements, giving organizations the flexibility to leverage FactoryTalk Hub-hosted AI services or connect their preferred large or small language models, including locally hosted open-weight models that can help reduce ongoing token consumption costs.Accelerating engineering workflows across the automation lifecycle by coordinating activities across design, development, testing and verification environments.Reducing complexity across software applications by enabling AI-powered workflows that span Studio 5000 Logix Designer, Logix Echo, Emulate3D, FactoryTalk Optix and other Rockwell Automation solutions.Applying AI with greater confidence and reliability through Rockwell Automation-developed integrations that connect software, data and services across industrial operations.Extending trusted automation expertise through Rockwell Automation-verified agents and skills, helping teams accelerate work with capabilities purpose-built for industrial applications.

Manufacturers attending Automation Fair 2026 will be able to experience FactoryTalk Conductor demonstrations across multiple show floor experiences, including Technology & Services Showcase, Industry Pavillion, Innovations, as well as dedicated technical sessions.

Additional information about FactoryTalk Conductor and Automation Fair can be found at www.rockwellautomation.com.

Frequently Asked Questions

What is FactoryTalk Conductor?
FactoryTalk Conductor is an AI-native orchestration platform that connects AI agents, skills, workflows and automation software to help engineers accelerate system design, development and testing activities through natural language interactions and trusted industrial expertise.

How is FactoryTalk Conductor different from an AI copilot?
While traditional AI copilots assist with individual tasks, FactoryTalk Conductor enables multiple AI agents, workflows and software tools to work together across engineering processes. This enables broader automation of complex, multi-step activities that span applications, data sources and teams.

When will FactoryTalk Conductor be available?
FactoryTalk Conductor will be previewed at Automation Fair 2026 in Boston and is expected to be commercially available in the first quarter of 2027.

What Rockwell Automation products can FactoryTalk Conductor work with?
FactoryTalk Conductor is designed to work across a growing portfolio of Rockwell Automation software. At launch, it will support Studio 5000 Logix Designer®, Logix Echo™, Emulate3D® and FactoryTalk® Optix™, with additional integrations planned for FactoryTalk® Design Studio™, FactoryTalk® Historian, Plex®, Fiix® and other solutions over time.

Can customers create and deploy their own AI agents and skills?
Yes. In addition to Rockwell Automation-verified agents and skills, customers can create and deploy their own agents and skills to support company standards, industry requirements and unique engineering workflows

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 26,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/rockwell-automation-introduces-factorytalk-conductor-an-ai-native-orchestration-platform-for-industrial-automation-302914710.html

SOURCE Rockwell Automation, Inc.

Continue Reading

Trending