Verizon Communications (VZ) Reports In-Line Q2 EPS
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Verizon delivers strong wireless service revenue and broadband subscriber growth in Q2
July 22, 2024 7:00 AM EDTCompany remains on track to meet full-year 2024 financial guidance
2Q 2024 Highlights
Wireless: Accelerated growth in wireless service revenue
Total wireless service revenue1 of $19.8 billion, a 3.5 percent increase year over year.Retail postpaid phone net additions of 148,000, and retail postpaid net additions of 340,000.Retail postpaid phone churn of 0.85 percent, and retail postpaid churn of 1.11 percent.Broadband: Double-digit broadband subscriber growth
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