Verizon Communications (VZ) Tops Q1 EPS by 1c, Updates Guidance
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Verizon reports 1Q earnings for 2022
April 22, 2022 7:30 AM EDTHighlights:
Verizon Consumer Group delivered top line growth that was driven by the first full quarter of ownership of TracFone Wireless, Inc., (TracFone), higher equipment revenue, and strong wireless service revenue growth.Verizon Business Group experienced a solid start to the year, with momentum in business activity and demand for wireless products. These results were driven by wireless strength in Small and Medium Business, Enterprise, and Public Sector, each of which delivered double digit phone gross addition growth.The January launch of C-Band and expansion of our 5G Ultra... More