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flag Verizon reported strong Q4 2024 earnings, adding nearly 1 million subscribers, but forecasted lower 2025 growth.

flag Verizon reported strong Q4 2024 results, surpassing revenue and earnings forecasts. flag The company added nearly 1 million subscribers, marking its best quarterly result in over a decade. flag Wireless service revenue grew by 3.1% to $20 billion, with 568,000 new wireless subscribers and 408,000 broadband connections. flag Verizon's EBITDA grew by 2.1%, and the company expects wireless service revenue growth of 2-2.8% in 2025. flag Despite these gains, Verizon forecasted lower free cash flow and profit growth for 2025 compared to analysts' expectations. flag The company is investing heavily in expanding its 5G services.

3 months ago
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