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AI English summary of an SEC filing — figures as filed

Verizon logoVerizon VZ

Verizon said full-year 2024 diluted earnings per share was $4.14, up from $2.75 in 2023, while adjusted EPS excluding special items was $4.59, down from $4.71 in 2023.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Verizon said full-year 2024 diluted earnings per share was $4.14, up from $2.75 in 2023, while adjusted EPS excluding special items was $4.59, down from $4.71 in 2023.

  2. The company said total operating revenue for Q4 2024 was $35.7 billion, up 1.6% year over year, and wireless service revenue was $20.0 billion, up 3.1%.

  3. Verizon said full-year 2024 cash flow from operations was $36.9 billion compared to $37.5 billion in 2023, capital expenditures were $17.1 billion, and free cash flow was $19.8 billion compared to $18.7 billion in 2023.

  4. For 2025, the company provided guidance for adjusted EBITDA growth of 2.0% to 3.5%, cash flow from operations of $35.0 billion to $37.0 billion, and free cash flow of $17.5 billion to $18.5 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Full-Year EPS and Adjusted EPS

Verizon said full-year 2024 diluted earnings per share was $4.14, up from $2.75 in 2023, while adjusted EPS excluding special items was $4.59, down from $4.71 in 2023.

Source · Based on the filing body and exhibits

Q4 Revenue and Wireless Service Revenue

The company said total operating revenue for Q4 2024 was $35.7 billion, up 1.6% year over year, and wireless service revenue was $20.0 billion, up 3.1%.

Source · Based on the filing body and exhibits

2024 Cash Flow and Free Cash Flow

Verizon said full-year 2024 cash flow from operations was $36.9 billion compared to $37.5 billion in 2023, capital expenditures were $17.1 billion, and free cash flow was $19.8 billion compared to $18.7 billion in 2023.

Source · Based on the filing body and exhibits

2025 Outlook

For 2025, the company provided guidance for adjusted EBITDA growth of 2.0% to 3.5%, cash flow from operations of $35.0 billion to $37.0 billion, and free cash flow of $17.5 billion to $18.5 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.