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<Results> Verizon (VZ.US) Earnings Beat; Postpaid Phone Net Adds
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Verizon (VZ.US) announced that it recorded a net increase of 55,000 postpaid phone subscribers in the last quarter, far outperforming market expectations for a net loss of 88,000 subscribers. The company now expects full-year net additions of postpaid phone subscribers to reach the upper end of its previously issued guidance of 750,000 to 1 million subscribers. Adjusted EPS for the quarter was USD1.28, above the expected USD1.2. The company forecasts full-year adjusted EPS of USD4.95 to USD4.99, higher than the previous guidance range of USD4.9 to USD4.95. However, first-quarter revenue missed expectations. Revenue amounted to USD34.4 billion, up 2.9% YoY, below the expected USD34.8 billion. (to/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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