Shares of the company rose 2.5 percent to $49.87 in premarket
Net income attributable to Verizon rose to $4.55 billion, or
$1.11 per share, in the first quarter ended March 31 from $3.45
billion, or 85 cents per share, a year earlier.
On an adjusted basis, the company earned $1.17 per share. Total
operating revenue rose to $31.77 billion from $29.81 billion a
Analysts had expected adjusted earnings of $1.10 per share and
revenue of $31.26 billion, according to Thomson Reuters I/B/E/S.
(Reporting by Shariq Khan in Bengaluru; Editing by Anil D'Silva)
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