Verizon Reports 5.2% Year-Over-Year Increase in Wireless Equipment Revenues and Adds 341,000 Broadband Subscribers in Q1
Verizon reported a 5.2% year-over-year increase in wireless equipment revenues for Q1, along with adding 341,000 broadband subscribers. The company's non-GAAP EPS of $1.28 exceeded expectations, but its revenue of $34.4 billion fell short of forecasts.
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Topics: Earnings Legal Issues Revenue Stock Price Verizon