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.Key Growth DriversVerizon is offering various mix-and-match pricing in both wireless ...

Verizon Communications Inc. (VZ) , in association with Siyata Mobile Inc. , recently launched Siyata SD7 as part of the former’s stocked handset portfolio. This state-of-the-art mission-critical push-to-talk device aims to elevate communication for first responders and enterprise clients across the United States by offering a robust, high-performance 'cellular radio’ solution tailored to their needs.The SD7 is equipped to integrate seamlessly with Verizon's network, delivering a reliable communication solut ...

WASHINGTON, July 29, 2024 (GLOBE NEWSWIRE) -- Verizon Business, a long-term trusted partner of the National Weather Service (NWS), has been awarded a task order valued at nearly $80 million to transition the NWS's current voice and data services from the Networx contract to the Enterprise Infrastructure Solutions (EIS) vehicle. The transition will help support the NWS's mission-critical work by providing weather, water and climate data, forecasts, warnings and impact-based decision support services. To faci ...

Verizon Communications TodayVZVerizon Communications$40.09 +0.14 (+0.35%) 52-Week Range$30.14▼$43.42Dividend Yield6.64%P/E Ratio14.96Price Target$45.68Add to WatchlistTelecommunications giant Verizon Communications Inc. NYSE: VZ stock has been in a flat trading range for the past 4 months. Its shares are trading up just 6.34% year-to-date (YTD), severely underperforming the S&P 500 Index, which is up 14.54% YTD. The stock may present itself as a solid value play at these prices with historically low multipl ...

JHVEPhoto Despite surging data usage, the wireless giants have not managed to figure out how to grab higher revenues from additional demand for their networks. Verizon Communications, Inc. (NYSE:VZ) (NEOE:VZ:CA) reported another quarter with meager growth last week, making the dividend the only reason to own the stock. My investment thesis remains Neutral on the stock trading at $40. Source: Finviz Another Weak Quarter Verizon hasn't been a growth story for years, with the wireless giant reporting mea ...

Investors shouldn't be too quick to punish a company if it whiffs on an analyst estimate.Talk about a bad case of the Mondays. The stock of seemingly mighty telecom-sector incumbent Verizon Communications (VZ 0.35%) took quite the drubbing as this trading week kicked off, at one point falling by more than 6% in value during the day.That was a reaction to the company's latest earnings release, which in fact was notably better than the widespread sell-off would indicate.A second-quarter miss that hurtVerizon' ...

Jitalia17We previously covered Verizon Communications Inc. (NYSE:VZ) in April 2024, discussing its robust growth across the mobile and fixed wireless segments, with 2024 likely to bring forth promising net adds. Combined with the excellent FY2024 Free Cash Flow guidance, the peak 5G capex well behind us, and the rich dividend investment thesis, we had reiterated our Buy rating then. Since then, VZ has traded sideways before the market over-reacted to the supposed FQ2'24 earning miss, leading to a painfu ...

Adam Gault VZ stock Q2 earnings: another quarter of slow growth I last covered Verizon stock (NYSE:VZ) earlier this month. The article is titled “Why And How I Sold My Shares” as you can see from the screenshot below. As the title suggests, the article detailed my thought process for selling my Verizon shares. More specifically, I sold my shares due to the following concerns: There is nothing wrong with holding a sector leader trading at a reasonable P/E and yielding significantly above its historical a ...

VANCOUVER, BC,  July 26, 2024 /PRNewswire/ -- Verizon, in collaboration with Siyata Mobile Inc., is proud to announce the launch of the Siyata SD7, a purpose-built, mission-critical push-to-talk device designed to help revolutionize communication for first responders and enterprise clients across the United States.  Cory Davis, vice president of Verizon Frontline, commented, "We are excited to bring the Siyata SD7 directly to our customers. As the nation's number one network choice in public safety, Verizon ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-8606 Verizon Communications Inc. (Exact name of registrant as specified in its charter) Delaware 23-2259884 (Sta ...