Verizon Communications (VZ) shares edge lower as Q1 results uninspiring
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Verizon begins 2023 with rapid network expansion and the most broadband additions in over a decade
April 25, 2023 6:50 AM EDTCompany's total wireless postpaid phone gross additionsincreased 5.3 percent year over year
Cash flow from operations increased $1.5 billion year over year, and free cash flow1 increased $1.3 billion year over year
1Q 2023 highlights
Consolidated:
$1.17 in EPS, compared with $1.09 in first-quarter 2022; adjusted EPS1, excluding a special item, of $1.20, compared with $1.35 in first-quarter 2022.Total operating revenue of $32.9 billion, a decrease of 1.9 percent from first-quarter 2022.Net income of $5.0 billion, an increase of 6.5... MoreVerizon upgrades football fan experience for 2023 NFL Draft
April 24, 2023 9:52 AM EDTNEW YORK, April 24, 2023 (GLOBE NEWSWIRE) -- Verizon, an Official Technology Partner and the Official 5G Network of the NFL, will activate at the 2023 NFL Draft Weekend to showcase the transformative performance of Verizon 5G, demonstrating recently upgraded network enhancements throughout the Kansas City area and highlighting the perks of being a customer on the network America relies on.
Kansas City Network UpgradesVerizon recently made permanent... More
