Verizon Reports 2Q And First-Half 2022 Results

(MENAFN- GlobeNewsWire – Nasdaq)

2Q 2022 highlights

C onsolidated:

  • $1.24 in earnings per share (EPS), compared with $1.40 in second-quarter 2021; adjusted EPS1, excluding special items, of $1.31 compared with $1.39 in second-quarter 20212.
  • Total revenue of $33.8 billion, relatively flat from second-quarter 2021.
  • Net income of $5.3 billion, a decrease of 10.7 percent from second-quarter 2021, and adjusted EBITDA1 of $11.9 billion, down 2.6 percent year over year.

Total Broadband:

  • Total broadband net additions of 268,000, including 256,000 fixed wireless net additions. Total broadband net additions increased 39,000 from first-quarter 2022, and fixed wireless net additions increased 62,000 from first-quarter 2022.
  • 36,000 Fios Internet net additions.

Total Wireless:

  • Total wireless service revenue of $18.4 billion, a 9.1…



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