https://www.investors.com/news/technology/verizon-stock-verizon-earnings-vz-stock-news-q12023/?src=A00220&yptr=yahoo
3 replies (most recent on top)
And lost 1600 employees… do the math. If this continues, and it will, that means a minimum of 4800 more by year end
No surprise there
Sinking ship.
Lost 127,000 post paid wireless subscribers.
Revenue dropped to $32.9B
But free cash flow improved to $2.3B (important for dividend payout).
Guidance for the year remained unchanged.
Stock down in early trading, better than the S&P 500.