Verizon (VZ) Beats Q2 Earnings Estimates, Falters on Revenues
VZVerizon(VZ) ZACKS·2024-07-22 22:00

Verizon Communications Inc. (VZ) recorded relatively healthy second-quarter results with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. The company recorded consolidated postpaid net additions of 340,000 in the quarter along with retail postpaid phone net additions of 148,000. Total broadband net additions for the quarter were 391,000, including 378,000 fixed wireless net additions.Net IncomeOn a GAAP basis, net income in the quarter was 4,702millionor4,702 million or 1.09 per s ...