Verizon Reports Strong Q2 Earnings with Higher Prices and Subscriber Growth
Earnings·2 articles across 2 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Verizon Communications Inc. reported mobility and broadband sales that exceeded Wall Street’s expectations in the second quarter, signaling that Chief Executive Officer Dan Schulman’s turnaround plan is starting to bear fruit.
The New York telecommunications giant’s quarterly earnings beat Wall Street forecasts as higher prices helped to boost revenue. Verizon's stock surged as subscriber growth beat forecasts and guidance was raised.
Verizon
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Verizon Communications Inc. reported mobility and broadband sales that exceeded Wall Street’s expectations in the second quarter, signaling that Chief Executive Officer Dan Schulman’s turnaround plan is starting to bear fruit.”
Bloomberg — Verizon Beats on Wireless, Internet Revenue Amid Turnaround“The New York telecommunications giant’s quarterly earnings beat Wall Street forecasts as higher prices helped to boost revenue.”
WSJ — Verizon Results Boosted by Higher Prices, Gain in Wireless Customers“The wireless company beat subscriber expectations while pulling back on costly promotions.”
MarketWatch — Verizon's stock rises as earnings show the company is no longer a 'hunting ground'“Verizon stock surges as subscriber growth beats forecasts and guidance rises”
quartz — Verizon stock surges as subscriber growth beats forecasts and guidance rises
Earlier versions
- Jul 24, 11:00 AM — Verizon Reports Q2 Earnings with Higher Prices and Customer Gains Boosting Revenue (2/2)