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Verizon Revenue Misses Estimates on Slow Phone Upgrade Cycle
Verizon Communications Inc. reported third-quarter revenue that missed analysts’ expectations, weighed down by lackluster sales of hardware such as mobile phones.
Verizon misses quarterly revenue estimates on fewer device upgrades
Verizon missed estimates for third-quarter revenue on Tuesday as fewer people upgraded their phones, eclipsing strong wireless subscriber additions and sending its shares down 3% in premarket trading.
Verizon Q3 shows missed revenue, but high sub additions
Verizon’s total revenue was $33.3 billion, slightly below the expected $33.43 billion. But, the company reported higher-than-expected subscriber additions.
Verizon Revenue Misses Estimates as Wireless Equipment Sales Decline
Verizon reports customer additions, or retail postpaid phone net additions, of 239,000. Wall Street was expecting 221,000.
6m
Heard on the Street: Verizon’s Results Add to iPhone Cycle Worries
They don’t make smartphones like they used to. That’s not such a bad thing for consumers, though it’s not always great for ...
4h
Verizon expects capex to rise next year on network expansion efforts
Verizon projected 2025 capital spending above market estimates on Tuesday as the U.S. telecom giant builds out its high-speed ...
CNET on MSN
2h
AT&T Adds New eSIM Free Trial Program as It Looks to Rival T-Mobile, Verizon
Once in the app, simply select "start your trial" and the app will download a virtual eSIM to provide access to the carrier's ...
1h
Verizon Q3 Earnings: Expect More Near-Term Pressure
Verizon’s quarter raised concerns over stagnant ARPA growth despite net additions. Read more to explore VZ stock and ...
3h
Verizon: Net Income Plummets 30%
Verizon Communications reported flat revenue but faced declines in net income due to competitive pressures and restructuring ...
2h
Verizon's stock paces Dow decliners en route to third-straight post-earnings fall
Verizon's stock is heading for its third post-earnings decline after an earnings report that an Evercore ISI analyst deemed "healthy." While Verizon was largely ahead of or in line with expectations ...
42m
Verizon updates broadbrand strategy with new fixed wireless subscriber goals
Communications announced an update to its broadband strategy, with new fixed wireless subscriber goals, household targets and ...
6h
How Verizon and T-Mobile are using exclusive perks to boost customer loyalty
Verizon and T-Mobile are pouring more marketing behind newly expanded rewards programs offering discounted and exclusive ...
8h
Verizon's flexible 5G plans lift wireless subscriber additions above estimates
Verizon added more wireless subscribers than expected in the third quarter as the U.S. telecom giant's promotional offers and ...
44m
Verizon targets 30M+ fiber passings by 2028
Says actions taken since early 2023 are driving improvements across all businesses. Says wireless service revenue and adjusted EBITDA growth ...
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