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      • Verizon reported a net loss of $2.6 billion in Q4 2023, compared to a net income of $6.7 billion in Q4 2022. This was mainly due to a $7.8 billion non-cash impairment charge related to its media business (AOL, which notably included Yahoo), which was sold to Apollo Global Management in July 2023.

      Verizon Stock: Earnings, Subscriber Growth, Media Loss, And ...

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  3. www.verizon.com › about › newsVerizon Media to be acquired by Apollo Funds

    May 3, 2021 · NEW YORK May 3, 2021 - Verizon (NYSE: VZ) and Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by affiliates of Apollo (the “Apollo Funds”) entered into an agreement to acquire Verizon Media for $5 billion.

  4. www.fool.com › investing › 2024/04/23Why Verizon Stock Recovered From Earnings Losses

    Apr 23, 2024 · Verizon's ( VZ -0.73%) shares fell on Monday after the telecom company reported first-quarter 2024 earnings, but that move reversed course on Tuesday. Shares are up 3% at 3:30 p.m. ET and...

    • Travis Hoium

  5. www.financierworldwide.com › fw-news › 2021/5/4Verizon Media sold for $5bn — Financier Worldwide

    May 4, 2021 · May 04, 2021 in Mergers/Acquisitions, Private Equity. BY Richard Summerfield. Verizon Communications has sold its Verizon Media assets, including AOL and Yahoo, to private equity giant Apollo Global Management in a deal worth $5bn.

    • Richard Summerfield

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  7. variety.com › 2021 › digitalVerizon Media Q2: Revenue Bounces Back Over Pre ... - Variety

    Jul 21, 2021 · Verizon Media, set to spin off as a private company, reported Q2 revenue of $2.1 billion, up 50% year over year and up 13% from Q2 2019.

  8. www.benzinga.com › m-a › 21/05/20923080Verizon Sells Digital Media Assets, Including AOL ... - Benzinga

    May 3, 2021 · by Phil Hall. May 3, 2021 3:41 PM | 1 min read. Verizon Communications Inc. VZ confirmed Monday it has sold its Verizon Media assets, including the AOL and Yahoo platforms, to Apollo Global...

  9. www.fool.com › investing › 2022/08/06Why Verizon Communications Shares Lost 9% in July

    Aug 6, 2022 · Today's Change. (-0.05%) -$0.02. Current Price. $39.31. Price as of May 7, 2024, 4:00 p.m. ET. Big Red's financial results were generally fine but the company's subscriber growth has hit a brick...

  10. www.fool.com › why-verizon-stock-was-up-29-todayWhy Verizon Stock Was Up 2.9% Today | The Motley Fool

    Jul 25, 2023 · NYSE: VZ. Verizon Communications. Market Cap. $166B. Today's Change. (0.43%) $0.17. Current Price. $39.48. Price as of May 8, 2024, 4:00 p.m. ET. There was finally some good news for...

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