Verizon reports Q3 revenue miss as smartphone demand slows

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Verizon reports Q3 revenue miss as smartphone demand slows
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Shares of Verizon (VZ) are trading lower after releasing mixed third quarter results on Tuesday. The telecommunications giant reported revenue of $33.33...

) are trading lower after releasing mixed third quarter results on Tuesday. The telecommunications giant reported revenue of $33.33 billion, falling slightly short of analysts' projected $33.45 billion. However, the company's adjusted earnings per share came in at $1.19, narrowly beating Wall Street's estimate of $1.18. Verizon also revealing expectations of 17.5 to $18.5 billion in capital expenditures for 2025.

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