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Verizon (VZ) Beats Q3 Earnings Estimates, Misses on Revenues
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On a GAAP basis, net income for the September quarter was $4,504 million or $1.05 per share compared with $5,337 million or $1.26 per share in the prior-year quarter. The year-over-year decline is primarily attributable to top-line contraction. Excluding non-recurring items, non-GAAP net income for the reported quarter was flat at $1.25 per share and surpassed the Zacks Consensus Estimate by 3 cents.
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https://finance.yahoo.com/news/verizon-v...02712.html
![[Bild: VZc1dl1432.png]](https://finviz.com/publish/102220/VZc1dl1432.png)
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On a GAAP basis, net income for the September quarter was $4,504 million or $1.05 per share compared with $5,337 million or $1.26 per share in the prior-year quarter. The year-over-year decline is primarily attributable to top-line contraction. Excluding non-recurring items, non-GAAP net income for the reported quarter was flat at $1.25 per share and surpassed the Zacks Consensus Estimate by 3 cents.
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https://finance.yahoo.com/news/verizon-v...02712.html
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