
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.