Verizon Communications Inc. (NYSE: VZ) on Friday reported a modest enhance in adjusted earnings for the fourth quarter of 2024. The telecom large’s income rose 1.6%
Adjusted earnings edged up to $1.10 per share within the December quarter from $1.08 per share within the comparable interval of final 12 months. Unadjusted revenue was $5.0 billion or $1.18 per share in This autumn, in comparison with a lack of $2.71 billion or $0.64 per share final 12 months.
Complete working revenues rose 1.6% yearly to $35.68 billion within the three months. Each Companies and Wi-fi Gear revenues elevated.
“With innovations powered by the best network in the country, we are bringing the best experiences to our customers, in life and work. Customizable offerings like myPlan, myHome, Verizon Business Complete, and Total Wireless feature the control, simplicity, and value our customers expect,” mentioned Verizon’s CEO Hans Vestberg.