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General

Verizon Q3 earnings up on cost cutting, modest revenue growth

Tuesday 23 October 2018 | 14:27 CET | News
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Verizon reported a strong increase in third-quarter earnings, as cost-cutting efforts and solid handset sales helped offset only modest growth in wireless service revenue and a continued fall in wireline revenues. The company maintained its full-year outlook for a small increase in revenues and adjusted EPS and said it's on track to achieve its target of USD 10 billion in cost savings by 2021.

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Categories: General
Companies: Oath / Verizon
Countries: United States
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