Verizon Raises Profit Forecast After Surprise Subscriber Growth
Verizon reported a surprise gain in wireless subscribers during its first quarter under the new CEO, prompting the company to lift its annual profit guidance. The positive Q1 results led to a jump in Verizon's stock.
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Verizon lifts annual profit forecast after surprise rise in wireless subscribers - Reuters
Verizon lifts annual profit forecast after surprise rise in wireless subscribers Reuters
Read full article →Verizon’s stock rises as the company posts surprise subscriber growth under new CEO
Earnings per share topped expectations, while revenue came up short.
By Emily Bary
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