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Verizon Posts Lower Profit, Higher Revenue

2014-10-21 15:37:17| IT Services - Topix.net

Verizon Communications Inc on Tuesday posted lower quarterly earnings, but revenue rose as it added customers to its wireless business. Verizon reported a third-quarter profit of $3.79 billion, or 89 cents per share, compared with $5.6 billion, or 78 cents per share, a year earlier.

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