Verizon Reports Strong Q4 Results but Offers Cautious 2025 Forecast

The telecom giant exceeded Q4 expectations with subscriber growth and revenue gains but anticipates slower profit and cash flow growth due to heavy 5G investments.

Verizon's Q4 2024 revenue reached $35.7 billion, slightly beating Wall Street estimates of $35.3 billion, with adjusted earnings per share at $1.10.
The company added 568,000 net wireless subscribers in Q4, the highest in five years, driven by promotions and its customizable myPlan offering.
Broadband growth was also strong, with 408,000 new customers added, though Fios net additions declined slightly year over year.
Verizon forecasts 2025 adjusted profit growth between 0% and 3% and free cash flow of $17.5-$18.5 billion, both below analysts' expectations.
The company continues to invest heavily in 5G infrastructure and plans to double fixed wireless subscribers by 2028, supported by its $20 billion Frontier Communications acquisition.

The Hollywood Reporter

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