Summary: Verizon’s stock declined after the company reported a larger-than-expected drop in phone subscribers, despite beating profit and revenue expectations. ​Investopedia

Key Facts:

• Stock Decline: Down 4.5% in premarket trading
• Earnings Per Share: $1.19
• Revenue: $33.49 billion
• The subscriber losses raised concerns about the company’s growth trajectory ​

Topic in Depth:

• Investopedia