Verizon Reports Unexpected Mobile Subscriber Growth, Boosting Stock
Verizon Communications (VZ) stock rose over 3% in premarket trading after the company reported better-than-expected first-quarter results, including a surprise gain of 55,000 net new mobile subscribers. The company also raised its full-year earnings guidance, signaling a potential turnaround under CEO Dan Schulman.
Tickers: $VZ
Topics: CEO leadership earnings beat guidance upgrade job cuts stock price subscriber growth Verizon