Verizon prioritizes customer safety with backup power to ensure uninterrupted service during outages

From Nasdaq: 2024-07-04 10:37:00

Verizon will maintain service during potential power outages like Public Safety Power Shutoffs in Hawaii. Wildfires exacerbated by climate change threaten the state, requiring coordinated efforts to prevent disasters. The company prioritizes customer safety with backup power resources to ensure constant network access for emergencies without interruptions.

Verizon, a top tech and communications provider, reported a 4.2% decrease in Q1 2024 EPS to $1.15, with operating revenues up 0.2% to $33 billion. The stock has shown 9.7% growth in the past year, with a long-term earnings growth rate of 2.4%. Verizon stocks are a Zacks Rank #3 (Hold) among tech industry options.

Other top tech stock recommendations include NVIDIA Corporation (NVDA), Onto Innovation Inc. (ONTO), and Woodward, Inc. (WWD), all Zacks Rank #1 (Strong Buy). These companies show strong earnings potential and stock performance in their respective industries, making them attractive investment options for growth and profitability.



Read more at Nasdaq: Verizon (VZ) Looks to Offer Uninterrupted Service Amid Outage