Verizon bounced back from a tough fourth quarter and started the year off strongly.
The telecommunications provider today posted a first-quarter profit of $1.95 billion, or 68 cents a share, compared with a year-earlier profit of $1.67 billion, or 59 cents a share. Revenue rose 4.2 percent to $29.42 billion from a year ago.
Source: CNET. Read full article. (link)