Verizon Communications (VZ) Misses Q2 EPS by 2c, Lowers FY Guidance
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Verizon reports 2Q and first-half 2022 results
July 22, 2022 7:30 AM EDT2Q 2022 highlights
Consolidated:
$1.24 in earnings per share (EPS), compared with $1.40 in second-quarter 2021; adjusted EPS1, excluding special items, of $1.31 compared with $1.39 in second-quarter 20212.Total revenue of $33.8 billion, relatively flat from second-quarter 2021.Net income of $5.3 billion, a decrease of 10.7 percent from second-quarter 2021, and adjusted EBITDA1 of $11.9 billion, down 2.6 percent year over year.Total Broadband:
Total broadband net additions of 268,000, including 256,000 fixed wireless net additions. Total broadband net additions increased 39,000 from first-quarter 2022, and fixed wireless net additions increased 62,000 from first-quarter... More