Verizon Communications Inc. (NYSE: VZ) on Friday reported a modest improve in adjusted earnings for the fourth quarter of 2024. The telecom large’s income rose 1.6%
Adjusted earnings edged as much as $1.10 per share within the December quarter from $1.08 per share within the comparable interval of final yr. Unadjusted revenue was $5.0 billion or $1.18 per share in This fall, in comparison with a lack of $2.71 billion or $0.64 per share final yr.
Whole working revenues rose 1.6% yearly to $35.68 billion within the three months. Each Providers and Wi-fi Gear revenues elevated.
“With improvements powered by the very best community within the nation, we’re bringing the very best experiences to our prospects, in life and work. Customizable choices like myPlan, myHome, Verizon Enterprise Full, and Whole Wi-fi characteristic the management, simplicity, and worth our prospects count on,” mentioned Verizon’s CEO Hans Vestberg.
