Verizon Communications (VZ) Tops Q3 EPS by 2c
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Verizon reports 3Q earnings growth driven by customer demand for wireless and fios services
October 20, 2015 7:30 AM EDTNEW YORK, Oct. 20, 2015 /PRNewswire/ --
3Q 2015 highlights
Consolidated
99 cents in earnings per share (EPS) and $1.04 in adjusted EPS (non-GAAP), compared with 89 cents per share in 3Q 2014. $28.4 billion year to date in cash flow from operations.Wireless
1.3 million net retail postpaid connections added in the quarter; low retail postpaid churn of 0.93 percent; 110.8 million total retail connections; 105.0 million total retail postpaid connections. 5.4 percent year-over-year increase in total revenues; 33.3 percent operating income margin.Wireline
114,000 fios internet and 42,000... More