Tuesday, July 26, 2016

Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94

verizon-earnings2015 Verizon yesterday announced a landmark deal to purchase Yahoo’s core business for $4.83 billion, but judging from its just-released second quarter earnings report, the telecom giant continues to feel the pressure of declines in its legacy business. The Q2 report shows total operating revenue of $30.5 billion and earnings per share of 94 cents. That’s a miss on revenue, but a… Read More

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