Categories AlphaGraphs, Earnings, Technology

Verizon (VZ) Q1 Earnings: Key quarterly numbers that you need to note down

Withdraws FY20 revenue guidance

Verizon Communications (NYSE: VZ) reported first quarter earnings results for the period ended March 31, 2020.

On GAAP basis, first quarter EPS was $1.00 vs. $1.22 in the first quarter of 2019. Non-GAAP EPS was $1.26, compared to $1.20 in the first quarter 2019.

Total revenue was down 1.6% to $31.6 billion.

Verizon begins 2020 with strong earnings and cash flow from focused strategic execution

Shares inched up 1.1% during the pre-market hours following the earnings announcement.

Check out the Verizon Communications past quarter performance.

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