Apr 22, 11:20 AM

Verizon Beats Profit Estimates, Loses Retail Phone Customers; Stock Rises

Verizon Communications exceeded profit estimates in the first quarter despite losing more retail phone customers than anticipated. The company attributes the lower-than-expected subscriber losses to its flexible plans and streaming bundles. Verizon's stock rose as a result of the positive earnings report.

#Verizon Communications #Verizon

Written with ChatGPT (GPT-3).

Sources

Hindustan Times@htTweets
2 years ago
Verizon beats on profit as wireless revenue gains https://t.co/TdH4RJBz7u https://t.co/T3l3gqCTXX
GuruFocus@gurufocus
2 years ago
AT&T Is Rising From Missteps $T $VZ #stocks #investing #valueinvesting #Value #Telecom #CommunicationServices #Dividend #Growth https://t.co/QFg1Dt9VuH
The Globe and Mail@globeandmail
2 years ago
Verizon reports fewer quarterly subscriber losses on flexible plan demand https://t.co/DAGAFMislW https://t.co/m68QoAwHDK

Additional media

Image #1 for story verizon-beats-profit-estimates-loses-retail-phone-customers

Verizon Beats Profit Estimates, Loses Retail Phone Customers; Stock Rises

Sources

Additional media

Similar Stories