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flag Verizon Q2 earnings report shows 0.6% YoY sales increase to $32.8bn, beating postpaid phone net additions expectations at 148,000.

flag Verizon Communications Inc. (VZ) reported Q2 earnings, with sales up 0.6% YoY to $32.8bn, slightly missing consensus estimates, while adjusted EPS of $1.15 met expectations. flag Total wireless service revenue increased 3.5% YoY to $19.8bn, driven by growth in Consumer wireless service revenue. flag Verizon added 148,000 postpaid phone net additions, beating expectations of 118,000, as it offers perks such as bundled plans with Netflix and Hulu Max for an additional $10/month.

9 months ago
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