Verizon CEO says he won't 'sacrifice financials for volumes' as stock claws back

Earnings Results Last Updated: Jan. 24, 2023 at 5:42 p.m. ET First Published: Jan. 24, 2023 at 7:22 a.m. ET Verizon notches positive subscriber growth of 41,000 in its consumer postpaid phone business during latest quarter Verizon shares lagged behind those of AT&T and T-Mobile last year. Getty Images Verizon Communications Inc. returned to positive

Financial Press

Published

January 24, 2023

verizon-ceo-says-he-won't-'sacrifice-financials-for-volumes'-as-stock-claws-back

Earnings Results

Last Updated: Jan. 24, 2023 at 5:42 p.m. ET First Published: Jan. 24, 2023 at 7:22 a.m. ET

Verizon notches positive subscriber growth of 41,000 in its consumer postpaid phone business during latest quarter

Verizon shares lagged behind those of AT&T and T-Mobile last year.

Getty Images

Verizon Communications Inc. returned to positive subscriber growth in its consumer postpaid phone business for the fourth quarter, but the company came up shy with its earnings outlook for the full year.

Its stock ended Tuesday’s session up 2%, breaking a four-quarter streak of post-earnings declines.

The company posted 41,000 net additions…

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