Verizon reported strong operational and financial results for Q4 2024, driven by growth in wireless service revenue and broadband net additions. The company's focus on growing connections and strengthening customer relationships contributed to the positive performance.
Verizon reported strong third-quarter results, driven by customer growth in mobility and broadband. The company achieved its fixed wireless subscriber target 15 months ahead of schedule and saw double-digit growth in total broadband connections. While total operating revenue remained essentially flat, wireless service revenue increased. The company remains on track to meet full-year 2024 financial guidance.
Verizon's Q2 2024 results showed strong wireless service revenue growth and broadband subscriber gains. The company is on track to meet its full-year 2024 financial guidance, with total operating revenue up 0.6% year over year and earnings per share at $1.09.
Verizon reported a slight increase in total operating revenue, driven by wireless service revenue growth and fixed wireless subscriber base expansion. The company is on track to meet its financial guidance, with positive consumer postpaid phone net adds expected for the year.
Verizon reported a consolidated net loss of $2.6 billion for Q4 2023, compared to a net income of $6.7 billion in Q4 2022. Total operating revenue was $35.1 billion, a slight decrease of 0.3 percent year over year. However, the company saw growth in total wireless service revenue, which increased by 3.2 percent year over year.
Verizon reported a decrease in total operating revenue by 2.6% year-over-year to $33.3 billion, but experienced a 2.9% increase in total wireless service revenue. The company added 434,000 total broadband net additions. Verizon raised its free cash flow guidance for 2023 to above $18 billion.
Verizon reported a decrease in total operating revenue to $32.6 billion, but experienced growth in wireless service revenue. The company also saw an increase in cash flow from operations. EPS was $1.10, and adjusted EPS was $1.21. Total broadband net additions were 418,000, and the company is focused on extending network leadership.
Verizon reported a decrease in total operating revenue, but an increase in net income. The company saw growth in total broadband net additions and wireless service revenue. EPS increased, but adjusted EPS decreased year over year.
Verizon's Q4 2022 earnings showcased strong wireless service revenue growth, with the highest total wireless retail postpaid net additions in seven years. The company reported EPS of $1.56, up from $1.11 in Q4 2021, but adjusted EPS was $1.19, down from $1.33 in Q4 2021. Total operating revenue increased by 3.5% year over year to $35.3 billion.
Verizon reported a 4.0% increase in total revenue to $34.2 billion in Q3 2022. EPS was $1.17, and adjusted EPS was $1.32. The company saw growth in wireless service revenue and broadband net additions.
Verizon reported a relatively flat total revenue of $33.8 billion compared to Q2 2021. EPS decreased to $1.24 from $1.40 year-over-year, with adjusted EPS at $1.31. Net income saw a decrease of 10.7% to $5.3 billion, while adjusted EBITDA declined by 2.6% to $11.9 billion. The company focused on improving operational and financial performance through strategic decisions and new consumer mobility plans.