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Published on 22 Oct 2024 on Benzinga

Verizon Q3 Earnings: Wireless Subs Boost with 5G Offers, $1.7B Severance Charge...

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Verizon Communications Inc VZ stock traded lower on Tuesday after it reported fiscal third-quarter results. 

Its sales growth was flat year over year, reaching $33.33 billion, marginally missing the analyst consensus estimate of $33.43 billion. Service and other revenue growth was offset by declines in wireless equipment revenue.

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