Comment on Verizon Q2 Earnings Beat Expectations, Miss on Revenue

Verizon Q2 Earnings Beat Expectations, Miss on Revenue

Verizon (NYSE: VZ) continues to grow its wireless business despite increased competition from low-cost upstart T-Mobile (NASDAQ: TMUS).The company posted Q2 earnings of $0.94 per share, slightly beating analysts estimates of $0.94, according to CNBC. Verizon missed slightly on revenue, coming in at $30.5 billion when just under $31 billion had been expected."Verizon's second quarter shows that the company continues to deliver strong results while evolving operations and advancing a strategy to sustain network leadership, build new ecosystems and deliver the promise of the digital world to customers," said CEO Lowell McAdam in the earnings release.Continue reading

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News