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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 Falls On Revenue Miss. Stock Dips Below Buy Point.
Verizon Communications early Tuesday reported mixed third-quarter results as adjusted earnings beat views while revenue came in below Wall Street targets. Verizon stock dipped on the news, undercutting a buy point.
Verizon Revenue Misses Estimates
Verizon Revenue Misses Estimates on Slow Phone Upgrade Cycle
Verizon Communications Inc. reported third-quarter revenue that missed analysts’ expectations, weighed down by lackluster sales of hardware such as mobile phones.
Verizon misses quarterly revenue estimates on fewer device upgrades
Verizon missed estimates for third-quarter revenue on Tuesday as fewer people upgraded their phones, eclipsing strong wireless subscriber additions and sending its shares down 3% in premarket trading.
Verizon Revenue Misses Estimates as Wireless Equipment Sales Decline
Verizon reports customer additions, or retail postpaid phone net additions, of 239,000. Wall Street was expecting 221,000.
5h
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 ...
10h
Verizon: Net Income Plummets 30%
Verizon Communications reported flat revenue but faced declines in net income due to competitive pressures and restructuring ...
8h
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 ...
14h
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 ...
13h
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 ...
12h
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
4h
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 ...
11h
Verizon updates broadband strategy to bring more choice, flexibility and value to millions
Verizon reaches fixed wireless access subscriber target 15 months ahead of scheduleCustomer demand for broadband solutions ...
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.
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