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 as much as $1.10 per share within the December quarter from $1.08 per share within the comparable interval of final yr. Unadjusted revenue was $5.0 billion or $1.18 per share in This fall, in comparison with a lack of $2.71 billion or $0.64 per share final yr.
Whole working revenues rose 1.6% yearly to $35.68 billion within the three months. Each Companies and Wi-fi Tools revenues elevated.
“With improvements powered by the most effective community within the nation, we’re bringing the most effective experiences to our clients, in life and work. Customizable choices like myPlan, myHome, Verizon Enterprise Full, and Whole Wi-fi function the management, simplicity, and worth our clients count on,” mentioned Verizon’s CEO Hans Vestberg.