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July 26, 2016 11:11 am GMT
Verizon yesterday announced a landmark deal to purchase Yahoo’s core business for $4.83 billion, but judging from its just-released second quarterearnings report, the telecom giantcontinues to feel the pressure of declines in its legacy business. The Q2 report showstotal operating revenue of $30.5 billion and earnings per share of 94 cents.That’s a miss on revenue, but a… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HwObSO7MujE/
Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94
Verizon yesterday announced a landmark deal to purchase Yahoo’s core business for $4.83 billion, but judging from its just-released second quarterearnings report, the telecom giantcontinues to feel the pressure of declines in its legacy business. The Q2 report showstotal operating revenue of $30.5 billion and earnings per share of 94 cents.That’s a miss on revenue, but a… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/HwObSO7MujE/
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