Verizon Reports Strong Q2 Earnings, Raises Annual Guidance Amid Subscriber Losses
Verizon Communications has announced a strong performance for the second quarter, exceeding revenue expectations and boosting its annual forecasts for adjusted EBITDA, earnings per share, and free cash flow. Despite reporting a continued loss in postpaid subscribers, the company attributes its improved financial outlook to robust demand for premium plans and benefits from recent tax reforms. Shares of Verizon have surged following the earnings report, marking a significant rise as the company highlights its resilient business model and ongoing strategic momentum. Analysts note that while subscriber losses remain a concern, the overall financial results and outlook reflect a solid recovery and potential for growth.
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