Verizon (VZ.US) Q3 results mixed; reaches over $2 billion AI infrastructure agreement with Amazon AWS.

Zhitong Finance APP has learned that on Monday before the U.S. market opened, U.S. telecom giant Verizon (VZ.US) released its third-quarter 2026 financial report. The report showed that Verizon's third-quarter total revenue was $34.3 billion, up 1.5% year over year, but below market expectations; adjusted earnings per share were $1.31, better than market expectations. Thanks to improved operational efficiency, the company's net profit and adjusted EBITDA both hit record highs, and it raised its full-year performance guidance for the third consecutive quarter. At the same time, Verizon announced an expanded strategic partnership with Amazon AWS, reaching an artificial intelligence (AI) infrastructure agreement valued at more than $2 billion. The stock rose nearly 1% in premarket trading.