Verizon Q3 Revenue Misses Estimates by $540 Million as Non-GAAP EPS Beats
Photo: TokenPost
Verizon's third-quarter results showed revenue growth alongside a shortfall against estimates, while non-GAAP earnings beat forecasts and postpaid phone net additions rose more than 820% year over year. Revenue totaled $34.31 billion, up 1.5% from a year earlier, and fell $540 million short of estimates. Non-GAAP earnings per share were $1.31, beating estimates by $0.04. Verizon recorded 406,000 postpaid phone net additions during the quarter. That was more than 820% above the year-earlier figure and the strongest third-quarter result in five years. The company raised its 2026 adjusted EPS target to between $5.04 and $5.06.
Source: TokenPost
