



Verizon Communications reported stronger-than-expected subscriber growth in the second quarter of 2024, primarily driven by demand for its customizable wireless plans that include streaming services. The company added more wireless subscribers than anticipated, contributing to a 3.5% increase in wireless service revenue. However, while Verizon's earnings matched analysts' expectations, its revenue fell short of estimates. The results indicate a return to growth in key wireless-subscriber metrics, despite a slight dip in quarterly profit. The company's earnings call took place at 8:30 AM ET, where these results were discussed in detail.