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Stock impact report

Verizon CEO Claims Turnaround Is Officially Underway [Yahoo! Finance]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: Yahoo! Finance
Adjusted EPS was $1.28, beating the $1.20 estimate, while revenue of $34.4 billion missed the $34.836 billion consensus. GAAP diluted EPS rose 4.3% year over year to $1.20, and net income increased 3.3% to $5.1 billion. Strong Profitability And Cash Flow Growth Total operating revenue grew 2.9% year over year to $34.4 billion. Adjusted EBITDA increased 6.7% to $13.4 billion, marking a record quarterly level, while adjusted EPS growth of 7.6% was the strongest since 2021. Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast Cash flow from operations was $8.0 billion, up 2.6%, and free cash flow rose 4.0% to $3.8 billion. Capital expenditures totaled $4.2 billion. Verizon ended the quarter with $142.5 billion in total unsecured debt and $130.1 billion in net unsecured debt. The company repurchased $2.5 billion in shares and re Show less Read more
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