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Verizon Communications Inc (NYSE:VZ) stock traded higher Tuesday after it reported fourth-quarter FY23 results. It clocked a sales decline of 0.3% year-on-year to $35.13 billion, beating the consensus of $34.64 billion. Adjusted EPS of $1.08 beat the consensus of $1.07. Total wireless service revenue was $19.4 billion, up 3.2% Y/Y, reflecting the company’s ownership of TracFone, premium Unlimited strategy, and pricing actions. Postpaid phone net additions were 449,000, and retail postpaid net ad

Verizon Communications Inc (NYSE: VZ) stock traded higher Tuesday after it reported third-quarter FY23 results. It clocked a sales decline of 2.6% year-on-year to $33.34 billion, beating the consensus of $33.25 billion. Adjusted EPS of $1.22 beat the consensus of $1.18. Total wireless service revenue was $19.3 billion, up 2.9% Y/Y, reflecting the company's ownership of TracFone, premium Unlimited strategy, and pricing actions. Postpaid phone net additions were 100,000, and retail postpaid net ad