Category: earnings

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August 1, 2019

Verizon reports a big boost in wireless subscribers

Verizon reported its second quarter earnings this morning, and while revenue fall short of analyst predictions, the company had strong profits and subscriber growth. Verizon reported consolidated revenue of $32.1 billion in Q2, down 0.4% year-over-year and lower than analyst estimates of $32.4 billion. However,...


by Anthony Ha in earnings
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July 30, 2019

LG’s smartphone sales dropped another 21%

Let’s start with the good news. LG actually had a pretty good quarter (on the strength of appliance sales). The LG Home Appliance & Air Solution division made $5.23 billion for Q2. Anyone who’s been following the company for the past several years can guess...


by Brian Heater in 5g
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July 30, 2019

What Huawei didn’t say in its ‘robust’ half-year results

The media has largely bought into Huawei’s ‘strong’ half-year results today, but there’s a major catch in the report: the company’s quarter-by-quarter smartphone growth was zero. The telecom equipment and smartphone giant announced on Tuesday that its revenue grew 23.2% to reach 401.3 billion yuan...


by Rita Liao in 5g