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Verizon Reports Record Q2 Results on 5G Growth


Verizon Reports Record Q2 Results on 5G Growth
Verizon has reported its Q2 earnings, breaking records on strong 5G growth.
Verizon reported revenue of $33.8 billion, a 10.9% increase from the year-ago quarter, and up 5.3% from Q2 2019. The company added 275,000 phone net additions, and reported one of its lowest churn rates in recent years, at a mere 0.65% for retail postpaid phones.
The company attributed much of its success to the increased adoption of 5G phones and services, no doubt aided by the company’s recent aggressive 5G upgrade campaign.
“We are executing on our multipurpose network strategy and producing positive results in each of our five growth vectors, recording strong second quarter results. With more connections on our network than anyone else, our already excellent network performance improved in the quarter and was recognized by RootMetrics as the best overall network performance for the 16th time in a row. We are also expanding our 5G Ul ....

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Should I buy Verizon shares after Berkshire Hathaway increased its stake?


Verizon trades at less than six times 2020 EBITDA
Verizon shares could be a good choice for any investor seeking secure dividend income
Verizon Communications (NYSE: VZ) is a stable company with a good position in the market, but the price of the stock is still not able to stabilize above the $60 resistance level. Verizon continues to expand its business, and at the current stock price, this company is fairly valued.
Fundamental analysis: Berkshire Hathaway increased its stake in Verizon
Verizon Communications is an American multinational telecommunication company that generates steady revenue and a healthy profit margin. Verizon reported first-quarter results in April; total revenue has increased by 4.1% Y/Y to $32.9 billion while GAAP EPS for the same period was $1.27 (compared with $1.00 in 1Q 2020). ....

United States , Hans Vestberg , Warren Buffett Berkshire Hathaway , Berkshire Hathaway , Verizon Communications , Verizon Chairman , Warren Buffett , ஒன்றுபட்டது மாநிலங்களில் , வாரன் பஃபெட் பெர்க்ஷயர் ஹாத்வே , பெர்க்ஷயர் ஹாத்வே , வெரிசோன் தகவல்தொடர்புகள் , வெரிசோன் தலைவர் , வாரன் பஃபெட் ,

Verizon Reports Strong Start to the Year, Despite 178K Phone Net Losses


Verizon Reports Strong Start to the Year, Despite 178K Phone Net Losses
6 seconds ago
Verizon reported its first-quarter results, citing a strong start to the year despite reporting 178,000 phone net losses.
Verizon’s latest quarterly reports are a mixed bag, simultaneously beating expectations and losing 178,000 subscribers.
The company reported $5.4 billion net income for the quarter, an increase of 25.4%. Similarly, the earnings per share came in at $1.27, up from the $1.00 they were a year ago.
Total wireless revenue came in at $16.7 billion, a 2.4% increase year over year. In spite of that, Verizon experienced 170,000 retail postpaid net losses, including 178,000 phone net losses, compared to 68,000 net phone loses a year ago. ....

Hans Vestberg , Verizon Chairman , வெரிசோன் தலைவர் ,