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Stock impact report

Will Modest Top-Line Growth Buoy Verizon's (VZ) Q1 Earnings? [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
In the last reported quarter, the telecommunication service provider beat the Zacks Consensus Estimate by a penny. The company is expected to have recorded higher aggregate revenues year over year owing to a healthy momentum in the core wireless business despite a challenging macroeconomic environment. Factors at Play During the first quarter, Verizon deployed more than 130,000 open RAN (Radio Access Network) capable radios, including massive MIMO radios. The deployment of a cloud-native, container-based, virtualized architecture has led to increased flexibility, scalability and cost efficiency across its network. Furthermore, Verizon's early adoption of Virtualized Radio Access Network serves as a precursor to O-RAN integration. By virtualizing core network functions and baseband units, Verizon has laid a robust foundation for future deployment flexibility and rapid integration of services. These are likely to be reflected in the upcoming quarterly results. The company is o Show less Read more
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