Wall Street had expected the company to deliver quarterly earnings per share of 69 cents on revenue of $40.42 billion, according to consensus estimates from Thompson Reuters.
Wednesday, AT&T told investors that third-quarter revenue could miss expectations because it says analysts have not been calculating the quarter's value of the DirecTV business. It acquired the unit in a $48 billion July deal.
"When you look at the overall DirecTV impact, it was very positive," CFO John Stephens told CNBC's "Squawk Box" on Friday. "The business is turning out to be everything we expected, and quite frankly, more."
Stephens also said that AT&T will be looking to "mobilize" everything, including its video products gained from the acquisition.
Source: AT&T earnings presentation
AT&T's shares were up nearly 2 percent in after-hours trading. The wireless carrier's stock fell nearly 1.6 percent in the last year but is up 1.1 percent year to date.
(Click here to track AT&T's shares.)
— CNBC's Julia Boorstin and Reuters contributed to this article.