AT&T Edges Above Q1 Earnings Expectations And Raises Outlook As It Ventures Into Online Streaming Market

AT&T kicked off 2014 with a bang, revealing Tuesday afternoon that not only was the first fiscal quarter of the year its best first-quarter subscriber growth in five years, but that its revenue and profit results edged above what everyone was expecting. However, the stock is down in after-hours trading as investors see the good news as a selling opportunity.