Verizon: Q3 EPS down slightly
(CercleFinance.com) - Verizon reported Q3 2024 EPS adjusted for special items that is down 2.
5% to $1.19, despite a symmetrical increase in adjusted EBITDA to $12.5bn and stable operating revenues of $33.3bn.
The telecom operator explained that a decline in wireless equipment revenues was offset by an increase in other revenues, with mobile services revenues up 2.7%, thanks in particular to past pricing actions.
Verizon confirms its full-year guidance for adjusted EPS of $4.50 to $4.70, adjusted EBITDA growth of 1% to 3% and mobile service revenue growth of 2% to 3.5%.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
5% to $1.19, despite a symmetrical increase in adjusted EBITDA to $12.5bn and stable operating revenues of $33.3bn.
The telecom operator explained that a decline in wireless equipment revenues was offset by an increase in other revenues, with mobile services revenues up 2.7%, thanks in particular to past pricing actions.
Verizon confirms its full-year guidance for adjusted EPS of $4.50 to $4.70, adjusted EBITDA growth of 1% to 3% and mobile service revenue growth of 2% to 3.5%.
Copyright (c) 2024 CercleFinance.com. All rights reserved.