Tag: $Verizon

Verizon Communications Inc. stood by its guidance in the face of macroeconomic uncertainty on Tuesday, though the telecommunications company came up short with its wireless retail postpaid phone momentum in the latest quarter.

Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers.

Verizon reported adjusted earnings of $1.19 a share on revenue of $33.3 billion for the third quarter ended Sept. 30. Analysts surveyed by FactSet were expecting earnings of $1.18 a share on revenue of $33.4 billion.

Verizon said on Thursday it would buy Frontier Communications in an all-cash deal worth $20 billion, as the U.S. wireless carrier looks to expand its fiber network.

Verizon’s stock falls after company adds 148,000 net postpaid phone subscribers but misses slightly on overall revenue

Verizon Communications said on Monday it lost fewer-than-expected wireless subscribers in the first quarter thanks to its flexible plans and streaming bundles offering discounted pricing for services such as Netflix and Warner Bros Discovery’s Max.

Verizon Communications stock was climbing Tuesday after fiscal fourth-quarter revenue and postpaid net additions beat Wall Street estimates.

Dec 4 (Reuters) – Verizon Communications said on Monday it would offer streaming subscriptions to Netflix  and Warner Bros Discovery-owned Max platforms as a bundle to its customers.

Verizon Communications Inc. upped its free-cash-flow expectations for the year, and shares of the telecommunications company were headed about 2% higher in Tuesday’s premarket trading.

July 25 (Reuters) – Verizon Communications (VZ.N) on Tuesday posted a surprise rise in wireless subscriber additions as more users upgraded their mobile phones and plan to access its super-fast 5G network, sending its shares up nearly 3% in premarket trading.

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