AT&T's (T) third quarte🐽r earnings beat analyst estimates and revenue eked out a modest gaiไn.

The company added subscribers, but more importantly, raised its full-year guidance for 澳洲幸运5官方开奖结果体彩网:free cash flow—money it has left over after covering operating expenses thatꦚ it can use for various reasons.

The company's 澳洲幸运5官方开奖结果体彩网:income from continuing operations for the third quarter fell to $3.8 billion or 64 cents per diluted share, compared to $6.3 billion in the year-ago ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚquarter. But it was better than the 60 cents a share that analysts were expecting, according to estimates compiled by Visible Alpha.

Revenue increased by 1% year-over-year to $30.4 billion on efforts to expand the company's 5G offerings and broadband.

Free cash flow was up $2.4 billion compared to the same period last year and the company raised i🥃ts full-year free cash flow guidance to $16.5 billion, up from $16 billion.

The telecom giant reported 468,000 new postpaid phone subscribers for the third quarter, up roughly 43% from the prior quarter but down about 30% from the same period a year ago. However, the company has posted historically low churn rates and 澳洲幸运5官方开奖结果体彩网:average revenue per user (ARPU) that have continued to grow as broadband and mobility revenues have climbed.

Potentially eating into the company's profits will be its ongoing efforts to eliminate lead cables from its infrastructure network. Removing the cables could cost AT&T up to $4 billion by some estimates, although the company has said that tests at some of the cable sites show there is no risk to public health.

AT&aဣmp;T shares jumped about 6% in trading Thursday morning but are down roughly 19% year-to-date.