Verizon Stock Slips As T-Mobile, Sprint Pressure Q1

By | April 21, 2015

Scalper1 News

Verizon Communications (VZ) early Tuesday reported Q1 earnings that topped estimates, but shares fell on mixed wireless results. The company posted a net loss of 138,000 mobile phone subscribers, and its average monthly revenue per customer slipped amid intensified competition. Verizon stock was down 1% in morning trading in the stock market today, near 49. The No. 1 wireless service provider said it earned $1.02 per share, up 12% from 91 cents in Scalper1 News

Scalper1 News