Verizon profit up 16 percent; beats analysts’ estimates on earnings but falls short on revenue

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Verizon says its profit rose 16 percent in the latest quarter as revenue from wireless service kept rising at a rate that’s the envy of the industry.
Verizon Communications Inc. reported net income of $1.95 billion, or 68 cents per share, in the January to March period. That… …read more
Source: NY Post

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