05:20 PM EDT, 05/20/2024 (MT Newswires) -- AT&T ( T ) said late Monday that the company remains confident in its ability to deliver on all of the financial guidance shared during its earnings report in April.

The firm said it also remains focused on driving incremental efficiencies through its goal of $2 billion+ in run-rate cost savings by mid-2026, and is on track to achieve net-debt to adjusted EBITDA in the 2.5x range in the first half of 2025.

The comments came as CEO John Stankey is due to speak at the annual JPMorgan Global Technology, Media and Communications Conference on May 21.

Price: 17.53, Change: +0.01, Percent Change: +0.06