Verizon misses estimates in Q3, adds 1.5 million net retail customers

[Wireless News]

http://l.yimg.com/bt/api/res/1.2/Pd3IdxNDGQYe7lH0PwfTDw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/verizon-execs110322122748.jpeg (http://news.yahoo.com/verizon-misses-estimates-q3-adds-1-5-million-114543092.html)Verizon on Tuesday posts mixed earnings results for the third quarter. The nation’s top carrier reported earnings of $0.89 per share, missing analysts’ EPS consensus of $0.92, but revenue was up 4.3% sequentially to-$31.6 billion, narrowly-topping the Street’s estimate of $31.57 billion. Verizon said it added more than 1.53 million net new retail subscribers, including 1.52 million postpaid customers. The carrier’s total retail connection-count rose more than 5% to 106.2 million. Verizon’s full press release follows below. Verizon Reports Strong Customer Additions and Another Quarter of Double-Digit Earnings Growth 3Q 2014 HIGHLIGHTS Consolidated ·-------- 89 cents in earnings per share (EPS), compared with 78 cents per share (or 77 cents on a non-GAAP adjusted basis) in 3Q 2013. Wireless ·--------



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