US EditionVerizon Beats Expectations, Boosts Outlook — Here's Why Analysts Still See More Room To Grow - Verizon Communications (NYSE:VZ)
UNITED STATES, JUL 21 – Verizon's Q2 revenue rose 5.2% to $34.5 billion despite losing 51,000 postpaid subscribers; prepaid and fixed wireless broadband growth helped raise full-year financial outlook.
- On July 21, Verizon Communications announced strong results for the second quarter, posting revenue of $34.5 billion and achieving adjusted EBITDA of $12.8 billion.
- The company increased its forecast for adjusted EBITDA growth in 2025 to a range of 2.5% to 3.5%, and projected free cash flow between $19.5 billion and $20.5 billion, attributing these upward revisions to stronger-than-expected operational results, rapid infrastructure rollout, and benefits stemming from recent tax reforms.
- Wireless service revenue grew 2.2% year-over-year to $20.9 billion despite losing 9,000 postpaid phone subscribers amid intense competition and increased industry promotions.
- Verizon exceeded 5 million subscribers for its fixed wireless broadband service, gained 278,000 new customers this quarter, and is on track to reach 650,000 additional fiber passings by year-end, all while continuing to receive top network quality accolades from J.D. Power and RootMetrics.
- These results and recognitions bolster Verizon's market position, increase financial flexibility, and set the stage for closing the Frontier acquisition in early 2026.
17 Articles
17 Articles
Verizon Beats Expectations, Boosts Outlook — Here's Why Analysts Still See More Room To Grow - Verizon Communications (NYSE:VZ)
Wall Street analysts rerated Verizon Communications (NYSE:VZ) after the company reported its second-quarter results on Monday. Verizon reported quarterly revenue growth of 5.2% year-over-year (Y/Y), reaching $34.50 billion, topping the analyst consensus estimate of $33.57 billion. This growth was driven by its broad wireless and broadband offerings across market segments. Also Read: Verizon Teams Up With Nokia To Bring High-Tech 5G Boost To Busy…
Verizon raises annual profit forecast over premium plans and tax reform
U.S. wireless carrier Verizon raised the lower end of its annual profit forecast, riding on strong demand for its premium plans and benefits from the Trump administration’s new tax law. Shares of the company rose 3.5% on Monday as it also surpassed Wall Street estimates for June-quarter sales and profit, thanks to a 2.2% rise in wireless service revenue. The telecom major has launched price-lock promotions and broadband-wireless bundles to retai…
Verizon beats Wall Street expectations during Q2, despite shedding customers
A Verizon sign in front of a retail store in downtown Portland, Oregon. (Photo by Matthew Keys for The Desk) Key Points: Verizon grew revenue to $34.5 billion during Q2, up 5.2 percent on a year-over basis. Wireless service revenue upped to $20.9 billion during Q2 (+2.2%) Company lost 9,000 net wireless subscribers amid ongoing pressure from rival telecoms. Fios TV ends Q2 with 2.56 million connections (-9%), Fios Internet increases to 7.2 mill…
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