ALSO IN EARNINGS
- Week Ahead: Europe Has Wall Street Bull on Short Leash
- Citigroup Lost $20 Million on Facebook IPO Trades
- JPMorgan to Shake Up Risk Team After Big Loss: Report
- EU Finalizes Bank Reforms; Shifts Burden to Bondholders
- Spain's Bankia Eyes Stake Sales After Record Bailout
- EU Set to Launch Action Against China Over Telecom Aid
- Marc Faber: Chance of Global Recession Is Now 100%
- Cool Jobs: From Gold Stacker to Bed Tester
- 'Flash Sale' Sites: Gimmick, or Online Shopping Future?
MOST POPULAR
HOT ON FACEBOOK
Verizon's Third-Quarter Profit Rises on Strong Sales
Topics:Technology | Stock Market | Earnings
Sectors:Technology | Telecommunications
Companies:Verizon Communications
Text Size 
Verizon's profit rose in the third quarter to an adjusted 66 cents per share, in line with expectations and higher than 63 cents per share in the same period last year, on strong sales, the company said Monday.
Diluted earnings per share were 59 cents, higher than 44 cents a year ago, while quarterly revenues rose by 5.4 percent to $24.8 billion.
Cash flows from continuing operations were $19.1 billion through the first nine months of 2008, up 5.9 percent compared with the same period last year, Verizon [VZ
Loading...
()
] said in a statement.
Capital expenditures were $12.6 billion through the first nine months of 2008, down more than $200 million over the same period last year.
© 2012 CNBC.com
- The Nasdaq has suffered the most from the EU crisis showing there's risk in the usual tech stocks.
- Targeting more Millennials is just one of the items brewing for consumers in the world of spirits.
- It seems many people may need a reminder of how NOT to act on a plane. Here are a few tips.
- Here are some very unusual roadside stops along American highways that might peek your interest.
- How three generations of Americans are dealing with the finances of retirement.
MORE FROM CNBC
Data is a real-time snapshot *Data is delayed at least 15 minutes
