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.
Total operating revenue increased by 1.6 percent year over year to $35.7 billion.
Earnings per share (EPS) reached $1.18, compared to $(0.64) in Q4 2023.
The company added 408,000 broadband net additions and 568,000 postpaid phone net additions.
Wireless service revenue grew by 3.1 percent year over year to $20.0 billion.
For 2025, Verizon expects total wireless service revenue growth of 2.0 percent to 2.8 percent, adjusted EBITDA growth of 2.0 percent to 3.5 percent, and adjusted EPS growth of 0 to 3.0 percent.
Visualization of income flow from segment revenue to net income