{"id":230925,"date":"2010-01-26T09:51:02","date_gmt":"2010-01-26T14:51:02","guid":{"rendered":"http:\/\/www.stoth.com\/2010\/01\/26\/big-red-in-the-red-digital-daily\/"},"modified":"2010-01-26T09:51:02","modified_gmt":"2010-01-26T14:51:02","slug":"big-red-in-the-red-digital-daily","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/230925","title":{"rendered":"Big Red in the Red   [Digital Daily]"},"content":{"rendered":"<p><\/p>\n<p><a href=\"http:\/\/digitaldaily.allthingsd.com\/files\/2010\/01\/VZbrkdown.jpg\" rel=\"lightbox\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/e45ac_VZbrkdown-275x203.jpg\" alt=\"\" width=\"275\" height=\"203\" class=\"aligncenter size-medium wp-image-33488\" \/><\/a>Reporting <a href=\"http:\/\/finance.yahoo.com\/news\/Verizon-Reports-Strong-prnews-4175277247.html?x=0&amp;.v=1\">fourth-quarter earnings<\/a> this morning, Verizon (VZ) posted revenue that jumped 9.9 percent to $27.09 billion and said it added 2.2 million mobile subscribers.  Yet the company reported a loss of $653 million, or 23 cents a share for the quarter &#8212; mostly because of costs related to layoffs in the period.  Quite a change from the profit of $1.24 billion, or 43 cents a share it reported in the quarter a year ago.<\/p>\n<p> Analysts polled by Thomson Reuters had been expecting earnings of 54 cents a share on $27.33 billion in revenue.<\/p>\n<p> Revenues from Verizon\u2019s wireline services declined 3.9 percent to $11.5 billion.  But data revenue rose 31 percent, to $16 billion. And wireless data revenues accounted for 32 percent of all service revenues, up from 26.5 percent a year earlier.<\/p>\n<p>&#8220;We were somewhat surprised by the continued level of economic pressures impacting our enterprise and wholesale markets,&#8221; Verizon CFO John Killian told analysts during an earnings call this morning.&#8221;We still face a very challenging environment.&#8221;<\/p>\n<p>Buy This Item: <a class=\"buy\" href=\"http:\/\/www.stoth.com\/buy.php\" ><span style=\"color: #33bc03\">[Click here to buy this item]<\/span><\/a><\/p>\n<p><a href=\"http:\/\/digitaldaily.allthingsd.com\/20100126\/big-red-in-the-red\/?mod=ATD_rss\" >Read Original Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reporting fourth-quarter earnings this morning, Verizon (VZ) posted revenue that jumped 9.9 percent to $27.09 billion and said it added 2.2 million mobile subscribers. Yet the company reported a loss of $653 million, or 23 cents a share for the quarter &#8212; mostly because of costs related to layoffs in the period. Quite a change [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-230925","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/230925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=230925"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/230925\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=230925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=230925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=230925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}