Reported about 8 hours ago
Verizon Communications reported stronger-than-anticipated fourth-quarter results, gaining 568,000 wireless and 408,000 broadband subscribers. The company achieved a consolidated net income of $5.11 billion, surpassing analyst expectations of $4.74 billion. Following a challenging year-ago quarter that included significant losses, Verizon's adjusted EPS rose to $1.10, consistent with forecasts. Looking ahead, Verizon anticipates a 2% to 2.8% increase in wireless service revenue for 2025.
Source: YAHOO