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-0.000583634878020277 0 0.0010505427804366 -0.000583634878020277 -0.000583634878020277 -0.000583634878020277 -0.000583634878020277 -0.000583634878020277
Stock impact report

Verizon Is Losing Subscribers Again [Yahoo! Finance]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: Yahoo! Finance
Verizon (NYSE: VZ) scored a win in the fourth quarter of last year with significant consumer phone subscriber gains, breaking a streak of lackluster results. However, the company's performance in the first quarter of 2025 indicates that subscriber growth at the end of 2024 was an anomaly. Verizon added 1.7 million consumer wireless retail postpaid phone subscribers in the first quarter on a gross basis, which doesn't account for churn . That's down 1% year over year. In terms of net adds, which does account for churn, that translates into a loss of 356,000 subscribers in the quarter. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » In the first quarter of 2024, Verizon shed 194,000 net consumer retail postpaid phone subscribers. It gained 367,000 subscribers in the fourth quarter of 2024, but the first-quarter losses largely erased those gains. Verizon performed better in other areas. The compa Show less Read more
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