Verizon Inventory Slides As Weak Subscriber Features Cloud Q3 Earnings Beat

4

[ad_1]

Verizon Communications  (VZ)  posted better-than-expected second quarter earnings Friday, however added fewer new subscribers to its month-to-month plans following an early summer time worth hike.

Verizon mentioned adjusted non-GAAP earnings for the three months ending in September had been pegged at $1.32 per share, down 7% from the identical interval final 12 months and simply shy of the Road consensus forecast of $1.29 per share. Group revenues, Verizon mentioned, rose 4% from final 12 months to $33.8 billion, simply forward of analysts’ estimates of a $33.78 billion tally.



[ad_2]
Source link