Verizon begins 2024 with strong wireless service revenue growth, solid cash flow and continued momentum in broadband
NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported first-quarter 2024 results with strong wireless service revenue, solid cash flow, adjusted EBITDA expansion and fixed wireless subscriber base growth.
- 11.1 million total broadband subscribers as of the end of first-quarter 2024, including 3.4 million subscribers on fixed wireless.
- Fixed wireless revenue for the first-quarter 2024 was $452 million, up $197 million compared to the prior year period.
- NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported first-quarter 2024 results with strong wireless service revenue, solid cash flow, adjusted EBITDA expansion and fixed wireless subscriber base growth.
- Consolidated results: Verizon delivers on three key metrics: wireless service revenue, adjusted EBITDA and cash flow
Total consolidated operating revenue in first-quarter 2024 of $33.0 billion, up 0.2 percent from first-quarter 2023.