Ron Burgundy Posted April 21, 2016 Share Posted April 21, 2016 Verizon Communications Inc said an ongoing strike by its wireline workers was expected to hurt earnings in the current quarter, even as it reported first-quarter net income that met analyst expectations amid strong tablet sales. Shares of Verizon, the No. 1 U.S. wireless carrier, fell 3.4 percent to $49.99 at midday on Thursday. If the strike, now in its second week, continues for an extended period of time, it could pressure full-year earnings, Chief Financial Officer Fran Shammo said in an interview. View the full article Quote Link to comment Share on other sites More sharing options...
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