Verizon (VZ) Beats Q1 Earnings Estimates, Misses on Revenues
VZVerizon(VZ) Zacks Investment Research·2024-04-22 22:16

Verizon Communications Inc. (VZ) started 2024 on a positive note, registering relatively modest first-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 253,000 in the quarter along with retail postpaid phone net losses of 68,000. Total broadband net additions for the quarter were 389,000, including 354,000 fixed wireless net additions. Net Income On a GAAP basis, net income in the quarter w ...