Verizon Communications (VZ) Tops Q2 EPS by 3c
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Verizon Delivers Double-Digit Adjusted Earnings Growth and Strong Cash Flows in Second Quarter
July 21, 2015 7:30 AM EDTNEW YORK, July 21, 2015 /PRNewswire/ --
2Q 2015 HIGHLIGHTS
Consolidated
$1.04 in earnings per share (EPS), compared with $1.01 per share and 91 cents in adjusted EPS (non-GAAP) in 2Q 2014.Wireless
1.1 million net retail postpaid connections added in the quarter; retail postpaid churn of 0.90 percent, the lowest in three years; 109.5 million total retail connections; 103.7 million total retail postpaid connections. 5.3 percent year-over-year increase in total revenues; 34.0 percent operating income margin. 56.1 percent segment EBITDA margin on service revenues (non-GAAP), and 43.9 percent segment EBITDA margin on total revenues... More