Verizon Beats Profit Expectations on Strong Subscriber Growth

Verizon’s wireless plans are generally more expensive than their peers, and this was expected to weigh on subscriptions in the latest quarter. Wireless … See more

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Verizon Begins 2024 With Strong Wireless Service Revenue Growth, …

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Apr 22, 2024 · Verizon added more than 3 million broadband subscribers in the last two years. Fixed wireless revenue for the first-quarter 2024 was $452 million, up $197 million compared …

yahoo.com

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Verizon Delivers Strong Third Quarter Results With Customer

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Oct 22, 2024 · Verizon Business: Continued mobility and broadband growth. Total Verizon Business revenue was $7.4 billion in third-quarter 2024, a decrease of 2.3 percent year over …

globenewswire.com

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Verizon Delivers Strong Third Quarter Results With Customer Growth …

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Oct 22, 2024 · Verizon Business: Continued mobility and broadband growth. Total Verizon Business revenue was $7.4 billion in third-quarter 2024, a decrease of 2.3 percent year over …

morningstar.com

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Verizon Q3 Earnings: Wireless Subs Boost With 5G Offers, $1.7B ...

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Oct 22, 2024 · Verizon’s year-to-date free cash flow was $14.5 billion, down from $14.6 billion Y/Y. FY24 Outlook : Verizon reiterated a 2.0%–3.5% wireless service revenue growth.

benzinga.com

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Verizon's Q4 Performance Shines: Substantial Wireless Gains

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Jan 23, 2024 · Verizon's Q4 results beat expectations with strong cash flow and wireless customer growth. It projects 2-3.5% revenue growth and $4.50-$4.70 EPS for FY24.

benzinga.com

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Verizon Posts Upbeat 4Q Subscriber Gains, Lower Revenue

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Jan 23, 2024 · Verizon is expecting 2024 wireless service revenue growth of 2% to 3.5%. Chief Executive Hans Vestberg said that "2023 was a year of change. We have the right assets and …

morningstar.com

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Verizon Jumps On Strong Wireless Growth - Investor's Business Daily

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Jan 23, 2024 · For 2024, Verizon forecast wireless service revenue growth in a range of 2% to 3.5%. In addition, it projected adjusted EBITDA growth in a range of 1% to 3% and adjusted …

investors.com

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Disney Stock Surges On Streaming Growth, Guidance

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1 day ago · Revenue for Disney's entertainment segment – which includes the traditional TV networks, direct-to-consumer streaming and films – increased 14% year over year.

cnbc.com

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Disney Q4 Earnings: What's Driving The Comeback (Rating Upgrade)

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5 hours ago · The company reported an EPS of $1.14 in Q4, which beat expectations by $0.03/share and 6.28% higher than Q4 of 2023. Adding to this, revenue for the company was …

seekingalpha.com

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Verizon Reports 3Q Results Marked By Revenue Growth Momentum

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Oct 21, 2022 · Verizon Business results. Total Verizon Business revenue was $7.8 billion in third-quarter 2022, an increase of 1.9 percent year over year. Business wireless service revenue …

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FAQs about Verizon Beats Profit Expectations on Strong Subscriber Growth Coupon?

How did Verizon's Wireless service revenue grow?

Total Verizon Consumer revenue was $25.8 billion, an increase of 10.8 percent year over year, driven by wireless service revenue growth and higher equipment revenue. Wireless service revenue increased 11.0 percent year over year, driven by the inclusion of TracFone, core wireless service revenue growth and the impact of pricing actions. ...

Did Verizon beat analysts' estimates for profit & subscribers?

Verizon Communications Inc. beat analysts’ estimates for profit and subscribers after a surprising turnaround in customer growth. The largest US wireless carrier reported adjusted earnings per share of $1.21 in the second quarter, according to a statement Tuesday, down 7.6% from a year earlier. ...

What was Verizon Business revenue in second-quarter 2024?

Total Verizon Business revenue was $7.3 billion in second-quarter 2024, a decrease of 2.4 percent year over year, as increases in wireless service revenue were more than offset by decreases in wireline revenue. Business wireless service revenue in second-quarter 2024 was $3.4 billion, an increase of 2.4 percent year over year. ...

Why did Verizon beat quarterly profit estimates on Tuesday?

REUTERS/Andrew Kelly/File Photo Purchase Licensing Rights July 25 (Reuters) - Verizon (VZ.N) beat quarterly profit estimates on Tuesday on the back of lower costs and a surprise rise in wireless subscribers as efforts to grow its enterprise customer base and super-fast 5G network paid off. ...

How did Verizon Business perform in first quarter 2024?

Verizon Business reported 151,000 fixed wireless net additions in first-quarter 2024, their best quarterly result to date. 11.1 million total broadband subscribers as of the end of first-quarter 2024, including 3.4 million subscribers on fixed wireless. Verizon added more than 3 million broadband subscribers in the last two years. ...

How many broadband subscribers did Verizon have in first quarter 2024?

11.1 million total broadband subscribers as of the end of first-quarter 2024, including 3.4 million subscribers on fixed wireless. Verizon added more than 3 million broadband subscribers in the last two years. Fixed wireless revenue for the first-quarter 2024 was $452 million, up $197 million compared to the prior year period. ...