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Verizon beats by $0.02, reports revs in-line

Briefing.com
Posted: 2008-07-28 07:28:00
Reports Q2 (Jun) earnings of $0.67 per share, excluding non-recurring items, $0.02 better than the First Call consensus of $0.65; revenues rose 3.7% year/year to $24.12 bln vs the $24.18 bln consensus.  Co reports Q2 net adds of 1.5 mln customers, with 68.7 mln total customers.  Co reports 1.12% total churn and 0.83% retail post-paid churn.  Co reports 176k net new FiOS TV customers and 187k net new FiOS Internet customers. 

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