Verizon reported a solid first quarter with better-than-expected earnings and outlook for 2019.
The company reported first quarter earnings of $1.22 a share, or $1.20 a share on a non-GAAP basis, on revenue of $32.1 billion.
Wall Street was expecting Verizon to report revenue of $32.16 billion with earnings of $1.17 a share.
Verizon said it added 61,000 retail postpaid net additions including 174,000 postpaid smartphone additions with retail postpaid churn of 1.12 percent with churn of 0.84 percent for phones.