Verizon Q4 Earnings: Revenue Beat, 1 Million Mobile And Broadband Subscriber Adds, Business Segment Margin Expands
Verizon Communications Inc VZ stock reported fiscal fourth-quarter results Friday. Its revenue growth was 1.6% year-over-year reaching $35.70 billion, topping the analyst consensus estimate of $35.32 billion. Adjusted EPS of $1.10 was in line with the analyst consensus estimate.Total wireless service revenue was $20.0 billion, up 3.1% year over year, driven by pricing actions and growth from fixed wireless connections.Also Read: Google Taps HTC’s Talent in $250 Million Deal to Lead AR/VR InnovationVerizon a ...