Verizon released its quarterly results a little while ago. The highlight: For the quarter, it made a profit of $1.59 billion, or 56 cents per share, on $29 billion in revenue, after adjusting for some items. On a non-GAAP basis, earnings were 64 cents per share. It finished the quarter with 95.9 million wireless customers, up by 1.8 million from the prior quarter, compared with 882,000 in the same quarter a year ago. The results are pretty much in line with what analysts had expected: 64 cents a share and $29 billion in sales. Read the full story at All Things D.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.