Verizon Slips on Earnings Miss Despite Subscriber Growth

Key TakeawaysVerizon shares fell Monday after the telecommunications giant's second-quarter earnings missed analysts' estimates despite adding phone and internet subscribers.Revenue grew slightly year-over-year, but profit slipped.Verizon also affirmed its full-year guidance, projecting wireless service revenue growth but lower adjusted earnings per share than in 2023. Verizon (VZ) shares dropped more than 5% soon after the opening bell Monday after the telecommunications giant posted second-quarter earning ...