Categories AlphaGraphs, Earnings, Technology

VZ Earnings: Everything you need to know about Verizon’s Q4 2023 results

Verizon Communications Inc. (NYSE: VZ) on Tuesday reported lower revenues and adjusted earnings for the fourth quarter of 2023.

Verizon Q4 2023 earnings infographic

The telecom giant’s fourth-quarter adjusted earnings declined to $1.08 per share from $1.19 per share in the comparable period last year. On an unadjusted basis, it was a net loss of $2.57 billion or $0.64 per share, compared to a profit of $6.70 billion or $1.56 per share last year.

Total operating revenues decreased modestly to $35.1 billion during the three months. Services revenue was almost flat while Wireless Equipment revenues decreased by 2%.

“After delivering continuous improvement throughout 2023, we ended the year strong and continue to pursue the right balance of growth and profitability,” said Verizon’s CEO Hans Vestberg.

Prior Performance

  • Verizon-Q4-2022-Earnings-Infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Infographic: How Macy’s (M) performed in Q4 2023 financial results

Macy’s, Inc. (NYSE: M) reported fourth quarter 2023 earnings results today. Net sales were $8.1 billion, down 1.7% versus the same period a year ago. Total revenue dropped to $8.37

AZO Earnings: AutoZone’s Q2 2024 earnings rise on higher sales

AutoZone, Inc. (NYSE: AZO) announced financial results for the second quarter of 2024, reporting higher sales and net profit. The company had a total of 7,191 stores open at the end

SJM Earnings: Key quarterly highlights from J.M. Smucker’s Q3 2024 financial results

The J.M. Smucker Co. (NYSE: SJM) reported third quarter 2024 earnings results today. Net sales increased 1% year-over-year to $2.23 billion. Comparable sales increased 6%. Net income decreased 42% to

Add Comment
Viewing Highlight