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Severance Charges Weigh on Profit
Why Verizon Stock Was Slipping Today
Shares of Verizon Communications (NYSE: VZ) were falling today after the telecom giant posted disappointing revenue results on weakness in wireless equipment and due to a slow phone upgrade cycle. As of 11:44 a.
Verizon Stock Slips; Severance Charges Weigh on Profit
Verizon Communications shares fell after the company recorded weaker-than-expected quarterly revenue, and lower earnings. Workforce-reduction charges dented the telecommunication company's bottom line.
Verizon 3Q Profit Falls, Hit By Severance Charges
Verizon Communications recorded a smaller profit and flat revenue in the third quarter as workforce-reduction charges dented the bottom line. The wireless carrier posted a profit of $3.41 billion, or 78 cents a share,
3h
on MSN
Verizon earnings imply Apple’s iPhone 16 didn’t have the most ‘auspicious start’
Verizon’s third quarter didn’t include too many days of iPhone 16 sales, but the company’s low upgrade rate is still worth ...
8h
Verizon: Net Income Plummets 30%
Verizon Communications reported flat revenue but faced declines in net income due to competitive pressures and restructuring ...
5h
on MSN
These Stocks Are Moving the Most Today: Nvidia, GE Aerospace, Verizon, GM, 3M, Philip Morris, Lockheed, SAP, and More
Nvidia slips after closing at a record high and with a market cap of $3.525 trillion on Monday, while earnings at GE ...
12h
on MSN
Verizon posts subscriber beat and says pricing moves are paying off
Verizon Communications topped subscriber expectations for the latest quarter, but shares were dipping about 1% in Tuesday’s ...
6h
Verizon Q3 Earnings: Expect More Near-Term Pressure
Verizon’s quarter raised concerns over stagnant ARPA growth despite net additions. Read more to explore VZ stock and ...
11h
Verizon Communications Q3 Profit Decreases, But Beats Estimates
Verizon Communications (VZ) revealed a profit for third quarter that decreased from the same period last year but beat the Street ...
10h
Verizon Q3 Earnings: Wireless Subs Boost with 5G Offers, $1.7B Severance Charge Hit To Profit, Reiterates Annual Outlook
Verizon stock traded lower on Tuesday after reporting Q3 results, with sales down year over year and missing analyst estimates. EPS beat expectations.
Firehouse
2h
Verizon Frontline Crisis Response Team Introduces Two New Deployable Assets
The two assets are both capable of establishing their own off-grid network, allowing first responders to communicate with ...
6h
Verizon updates broadbrand strategy with new fixed wireless subscriber goals
Communications announced an update to its broadband strategy, with new fixed wireless subscriber goals, household targets and ...
1d
Verizon Q3 Earnings Preview: 'Slow And Steady Comeback' Of Telecom Could Be Evident Tuesday
Verizon could highlight the comeback of telecommunications stocks with its Q3 earnings report on Tuesday, Oct. 22.
8h
on MSN
Verizon Revenue Misses Estimates on Slow Phone Upgrade Cycle
Verizon Communications Inc. reported third-quarter revenue that missed analysts’ expectations, weighed down by lackluster ...
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