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VZ Berita Valas
Verizon Lifts FY26 View Despite Weak Q2, Expands Buyback To Up To $4.5 Bln; Shares Up
Shares of Verizon Communications Inc. were gaining around 3 percent in the morning trading on the NYSE, after the telecom major on Friday lifted its fiscal 2026 outlook for adjusted earnings and mobility and broadband service revenue growth view. This was despite reporting weak profit in the second quarter with slightly lower revenues. The firm also expanded its full-year share buyback target to u
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48 days ago
BT, Verizon To Merge Intl. Operations Into JV; BT Cuts FY27 Outlook
Telecom majors, BT Group plc and Verizon Communications Inc., have come together to combine their respective international enterprise operations into a 50:50 joint venture, with a view to creating a connectivity platform for multinational customers. The British telecom major also trimmed its fiscal 2027 outlook to reflect BT International division to be reported as a discontinued operation.
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73 days ago
Verizon Stock Gains On Higher Q1 Results, Raised FY26 Outlook
Shares of Verizon Communications Inc. were gaining around 3 percent in the early morning trading on the NYSE after the telecom major on Monday lifted fiscal 2026 adjusted earnings outlook after reporting higher profit and revenues for its first quarter. The company said it achieved highest quarterly adjusted EBITDA in company history, and delivered its first positive first-quarter postpaid phone..
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136 days ago
Verizon Q2 Profit Weak, Revenues Miss View, Backs Outlook; Stock Down
Shares of Verizon Communications were losing nearly 6 percent in the early morning trading on the NYSE on Monday after the telecom major maintained its fiscal 2024 outlook after reporting weak profit in its second quarter, in line with Street estimates. Revenues edged up on strong wireless service revenue and broadband subscriber growth, but missed market estimates.
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781 days ago
Verizon Records Non-cash Goodwill Impairment Charge In Q4 Of About $5.8 Bln
Verizon Communications Inc. (VZ) revealed Wednesday in a filing Form 8-K with the U.S. Securities and Exchange Commission that it recorded a non-cash goodwill impairment charge in the fourth quarter of approximately $5.8 billion (before and after-tax), resulting in the goodwill balance of the Business reporting unit of $1.7 billion as of December 31, 2023.
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968 days ago
Verizon Q3 Results Top Estimates; Backs FY23 Outlook
Telecom major Verizon Communications Inc. (VZ) reported Tuesday that its third-quarter net income attributable to the company decreased 2.8 percent to $4.88 billion from $5.02 billion last year. Earnings per share were $1.13, down from $1.17 in the prior year.
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1053 days ago
Verizon To Offer All New Apple IPhone 15, Watch Lineup
Telecom major Verizon Communications Inc. said it will offer Apple Inc.'s all new lineup of iPhone 15 and iPhone 15 Plus, as well as Apple Watch Series 9 and Apple Watch Ultra 2. Verizon will also offer iPhone 15 Pro and iPhone 15 Pro Max, Apple's lightest Pro models ever. The new Apple Watch lineup also includes the second generation of Apple Watch SE, and AirPods Pro.
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1094 days ago
Verizon Says Manon Brouillette Steps Down As CEO Of Verizon Consumer Group
Verizon Communications Inc. (VZ) announced Monday that Manon Brouillette, CEO of Verizon Consumer Group, has stepped down from the role she has held since January 2022.
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1376 days ago
