Verizon Communications (VZ) Tops Q1 EPS by 7c
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Verizon Reports Strong Balanced Results; Delivers Customer, Earnings and Cash Flow Growth in First Quarter
April 21, 2015 7:36 AM EDTNEW YORK, April 21, 2015 /PRNewswire/ --Â
1Q 2015 HIGHLIGHTS
Consolidated
$1.02 in earnings per share (EPS), compared with $1.15 per share and 84 cents in adjusted EPS (non-GAAP) in 1Q 2014.Wireless
6.9 percent year-over-year increase in total revenues; 35.0 percent operating income margin. 55.8 percent segment EBITDA margin on service revenues (non-GAAP), and 44.8 percent segment EBITDA margin on total revenues (non-GAAP). 565,000 net retail postpaid connections added in the quarter; low retail postpaid churn of 1.03 percent; 108.6 million total retail connections; 102.6 million total retail postpaid... More