Verizon Communications shares traded higher after the company reported mixed second-quarter results, reiterated FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Verizon Communications reported mixed second-quarter results but reiterated its FY23 guidance. This news led to a rise in the company's share prices.
July 25, 2023 | 11:51 am
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Verizon's mixed Q2 results and reiteration of FY23 guidance led to an increase in its share prices.
Verizon's mixed Q2 results indicate some areas of concern but the reiteration of FY23 guidance suggests the company is confident about its future performance. This has likely reassured investors, leading to an increase in share prices.
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