Verizon's Next-Gen Services Are Poised for Growth [The Motley Fool]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: The Motley Fool
America’s largest wireless network could get a lot less boring very soon. Shares of Verizon ( NYSE:VZ ) were up after the company reported solid results for the second quarter of 2018 . Revenue increased 5.4% to $32.2 billion from new subscriber additions -- offsetting sluggish performance from the FiOS video and Oath digital content segments -- and adjusted earnings were up 25%. Debt also got reduced by $4.4 billion from the last quarter, making the thesis to own Verizon for its dividend even stronger. For investors looking for a little more than just income, Verizon may soon be able to offer that, too. Several new initiatives are coming together that could transform the function of wireless telecommunications networks. Nurturing new growth For FiOS Internet, a net 43,000 customer additions were reported as consumers increasingly rely on high-speed and high-quality internet at home. That helped offset weakness in FiOS Video, where 37,000 customer connection
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VZ
News
- Verizon: Not A Good Fit For Dividend Growth Investors (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Best Internet Providers in Greenwood, Indiana [CNET News]CNET News
- Best Internet Providers in Roswell, Georgia [CNET News]CNET News
- Verizon readies for 2024 wildfire seasonGlobeNewswire
- Why Ribbon Communications Stock Is Soaring Today [Yahoo! Finance]Yahoo! Finance
VZ
Earnings
- 4/22/24 - Beat
VZ
Sec Filings
- 4/22/24 - Form 8-K
- 4/16/24 - Form PX14A6G
- 4/15/24 - Form 4
- VZ's page on the SEC website