
Verizon earnings beat expectations despite COVID-19.
Angela Lang/CNET
Verizon’s second-quarter earnings beat analysts’ estimates on earnings per share and revenue, despite the coronavirus pandemic.
In its second-quarter report released Friday morning, the telecom giant revealed that it had total revenues of $30.45 billion with earnings per share coming in at $1.13. When adjusted and excluding special items, earnings per share was $1.18, putting it ahead of analyst expectations of $1.15, according to Yahoo Finance.
Analysts expected revenue for the quarter to be $29.93 billion.
On the wireless side, Verizon said it added 352,000 net…
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