Verizon posts fewer first-quarter subscriber losses on flexible plan demand


by CNBC

CNBC— Verizon Communications said on Monday it lost fewer-than-expected wireless subscribers in the first quarter thanks to its flexible plans and streaming bundles.

Yahoo Finance—Verizon reports fewer quarterly subscriber losses on flexible plan demand. Verizon has also partnered with streaming services to attract customers. Starting last Thursday, its latest promotional bundle includes six months of free access to Disney's services for new and existing customers on some plans. In December, it began offering discounted subscriptions to Netflix and Max on some myPlan bundles.

US News Money—First Solar Posts Higher Quarterly Profit on Strong Demand. (Reuters) - First Solar reported higher first-quarter profit on Wednesday compared to the same period last year, helped by resilient demand for solar energy.The company reported a net profit of $236.6 million, or $2.20 per share, for the three months ended March 31, compared to $42.5 million, or 40 cents per share, in the same period last year.Analysts expected an average of $1.99 per share, according to LSEG data.The U.S. solar market has seen significant momentum since last year, helped by...

CNBC—Meta's Reality Labs posts $3.85 billion loss in first quarter. Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.