Home Page : Archive News : January 2020 News : UPDATE 3-Verizon shares down on profit miss even as wireless customers added | |
UPDATE 3-Verizon shares down on profit miss even as wireless customers added | |
January 31, 2020 Analysts at New Street Research said lowering churn would be more difficult with shift in the wireless market. Total operating revenue rose to $34.78 billion from $34.28 billion, beating the estimate of $34.60 billion, according to IBES data from Refinitiv. Net income rose to $5.22 billion, or $1.23 per share, in the fourth quarter ended Dec. 31 from $2.07 billion,... Source: https://www.cnbc.com/2020/01/30/reuters-america-update-3-verizon-shares-down-on-profit-miss-even-as-wireless-customers-added.html |