Overview
- Verizon reported second-quarter adjusted EPS of $1.22 and revenue of $34.5 billion, topping analyst forecasts.
- The company raised its 2025 adjusted profit growth forecast to 1–3% and boosted its free cash flow guidance to $19.5–20.5 billion.
- Wireless service revenue grew 2.2% as customers adopted premium add-ons such as streaming service bundles.
- Verizon lost 9,000 bill-paying wireless subscribers in Q2 against an expected gain, while adding 293,000 broadband net users.
- Verizon secured approval for its $20 billion Frontier acquisition and advanced private 5G partnerships to expand its fiber and enterprise network footprint.