Verizon reports a big boost in wireless subscribers
https://techcrunch.com/2019/08/01/verizon-q2-earnings-2/
Verizon reported its second quarter earnings this morning, and while revenue fall short of analyst predictions, the company had strong profits and subscriber growth.
Verizon reported consolidated revenue of $32.1 billion in Q2, down 0.4% year-over-year and lower than analyst estimates of $32.4 billion. However, it also reported adjusted earnings per share of $1.23, compared to analyst predictions of $1.20 (which was Verizon’s EPS a year ago).