Verizon Earnings: Price Hikes Fuel Strong Performance
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Verizon Communications VZ posted solid first-quarter financial results amid weak customer metrics. Wireless service revenue increased 2.7% compared with a year ago, despite the loss of 289,000 net postpaid wireless phone customers during the quarter. EBITDA increased 4%, the fastest […]