Verizon Gains Subscribers Without Price Wars, Raises Outlook
Verizon (NYSE: VZ) Q2 adjusted EPS beats estimates at $1.30, but revenue misses due to slower phone upgrades. Full-year outlook raised.
Verizon added more customers than expected without dropping prices, and now thinks it will do better this year. When a company keeps prices steady while gaining customers, it hints the business is strong and people trust it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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