Verizon Communications, 5.9% 15 Feb 2054 (VZA)
| Previous Close | 25.66 |
| Open | 25.71 |
| Bid | 25.00 x 800 |
| Ask | 26.25 x 900 |
| Day's Range | 25.34 - 25.79 |
| 52 Week Range | 25.34 - 25.79 |
| Volume | |
| Avg. Volume | 0 |
| Net Assets | N/A |
| NAV | N/A |
| PE Ratio (TTM) | 3.27 |
| Yield | N/A |
| YTD Daily Total Return | N/A |
| Beta (5Y Monthly) | N/A |
| Expense Ratio (net) | N/A |
| Inception Date | N/A |
ReutersVerizon posts fewer quarterly subscriber losses on flexible plan demand
(Reuters) -Verizon lost fewer-than-expected wireless subscribers and beat estimates for quarterly profit on Monday, thanks to its flexible plans and streaming bundles offering discounted pricing for services such as Netflix and Warner Bros Discovery's Max. Verizon has also partnered with streaming services to attract customers. Starting last Thursday, its latest promotional bundle includes six months of free access to Disney's services for new and existing customers on some plans.
ReutersVerizon's flexible mobile plans drive subscriber additions, strong forecast
(Reuters) -Verizon Communications forecast annual profit above estimates on Tuesday after strong demand for its wireless plans and Black Friday promotions helped the U.S. carrier post its highest quarterly subscriber additions in nearly two years. Shares of the New York-based telecom firm rose nearly 6%, as the company's consumer business also added subscribers after three straight quarters of declines. Verizon - whose services typically cost more than rivals - has seen strong adoption for its flexible "myPlan", which has notched 13.1 million subscribers since its launch in May 2023.
ReutersVerizon to take $5.8 billion hit in fourth quarter from unit write down
The company cut its financial projections for its Business unit, which caters to businesses and government clients after a five-year review, Verizon said. After the charge, the goodwill balance of the unit was $1.7 billion as of Dec. 31, Verizon said. In the third quarter, Verizon Business saw a 4% decline in revenue due to lower wireline and wireless equipment revenue.
