Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94

{rss:content:encoded} Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94 http://ift.tt/2aqq9Fv http://ift.tt/1VDRfdU July 26, 2016 at 01:11PM  Verizon yesterday announced a landmark deal to purchase Yahoo’s core business for $4.83 billion, but judging from its just-released second quarter earnings report, the telecom giant continues to feel the pressure of declines in its legacy business. The Q2 report shows total operating revenue of $30.5 billion and earnings per share of 94 cents. That’s a miss on revenue, but a… Read More