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MarketScreener Homepage  >  Equities  >  Nyse  >  Verizon Communications    VZ

VERIZON COMMUNICATIONS

(VZ)
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Verizon Communications : TechCrunch Launching Premium Product Extra Crunch

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02/12/2019 | 01:34pm EDT

By Josh Beckerman

TechCrunch is launching Extra Crunch, a premium offering available for $15 a month.

The web site, part of Verizon Communications Inc.'s (VZ) Verizon Media Group, said the paid product features "access to an active community of founders and experts," tools like Rapid Read mode, and member-only benefits at events, in addition to premium content.

TechCrunch was founded in 2005 and sold to AOL Inc. in 2010. Verizon bought AOL and Yahoo Inc.'s main internet operations, which became part of a business known as Oath that recently rebranded as Verizon Media.

TechCrunch and related websites have more than 27 million views per month, the company said, citing Comscore figures. It also runs the CrunchBase database and TechCrunch Disrupt conferences.

Write to Josh Beckerman at josh.beckerman@wsj.com

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Financials ($)
Sales 2019 132 B
EBIT 2019 31 066 M
Net income 2019 19 322 M
Debt 2019 106 B
Yield 2019 4,27%
P/E ratio 2019 12,30
P/E ratio 2020 11,86
EV / Sales 2019 2,59x
EV / Sales 2020 2,51x
Capitalization 236 B
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Technical analysis trends VERIZON COMMUNICATIONS
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 59,4 $
Spread / Average Target 3,9%
EPS Revisions
Managers
NameTitle
Hans Erik Vestberg Chief Executive Officer & Director
Lowell C. McAdam Chairman
Matthew D. Ellis Chief Financial Officer & Executive Vice President
Kyle J. Malady Chief Network Operations & Technology Officer
Nicola Palmer Head-Technology & Product Development
Sector and Competitors
1st jan.Capitalization (M$)
VERIZON COMMUNICATIONS1.65%236 146
NIPPON TELEGRAPH AND TELEPHONE CORP1.61%79 804
DEUTSCHE TELEKOM AG0.03%79 669
SAUDI TELECOM COMPANY SJSC--.--%61 443
TELEFONICA0.05%43 044
ORANGE0.64%42 980