HomeBusiness & MoneyVerizon Earnings Show Waning Consumer Demand

Verizon Earnings Show Waning Consumer Demand




Verizon Communications


reported sales that missed Wall Street estimates, and the telecom company’s subscriber base shrank in the first quarter.

Verizon (ticker: VZ) reported first-quarter adjusted earnings of $1.20 a share, beating analyst estimates by 1 cent.



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