Verizon Q2 profit rises on subscriber growth, tops view

Telecommunications giant Verizon (VZ) reported its second-quarter results Tuesday, the last quarterly results under CEO Lowell McAdam who will be stepping down next month. The company’s shares made strong gains after the better-than-expected results triggered a stock rally. In the second quarter, adjusted earnings were $1.20 per share, compared to $0.96 per share in the … Continue reading Verizon Q2 profit rises on subscriber growth, tops view