Telecommunications company Verizon reported revenue growth



American telecommunications company Verizon reported a net profit for third quarter of 2017 to $ 3.62 billion or $ 0.89 per share, in line with the profit for the same period a year earlier.

Excluding one-time items of the balance sheet, adjusted profit of $ 0.98 per share, which matched the forecast of analysts.

Verizon’s revenue rose 2.5% to 31.72 billion compared to the same period a year earlier.

Analysts predicted revenues of $ 31.45 billion.

After the publication of quarterly reports, during premarket trading on the company’s shares rose by 2.3%.




Telecommunications company Verizon reported revenue growth 19.10.2017

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