Verizon Q2 meets on $0.96 EPS, sales down 2% YOY, plans $1B in ‘synergies’ in Oath

 Verizon Communications has been investing in building out new areas of business like media and wireless services to offset declines in legacy products like fixed telephony, and today it released Q2 results that underscored that strategy. Verizon reported adjusted earnings per share of $0.96 (with GAAP EPS of $1.07), and revenues of $30.5 billion, citing growth in wireless customers (which… Read More

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