Verizon reports its earnings for Q3 2015, welcoming 1.3 million new customers
Verizon has published its financial report for Q3 2015. The US wireless carrier brought in $33.2 billion of revenue during that time period, and also added 1.3 million customers, with its churn rate set at just 0.93 percent for the quarter.
As well as revenues of $33.2 billion, which was a 5 percent increase compared to the same period a year before, Verizon also reported net income earnings of $4.171 billion ($1.04 a share), which was up 9.9 percent compared to the same period a year ago. The carrier currently has 110.8 million retail connections, up by 4.3 percent from the same period a year ago, along with 105.0 million retail postpaid connections, which showed a 4.9 percent year-over-year increase.
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