Verizon Communications Inc.
40.21+0.89 (+2.26%)
Oct 29, 4:00:02 PM EDT · NYSE · VZ · USD
Key Stats
Market Cap
169.54BP/E (TTM)
8.57Basic EPS (TTM)
4.69Dividend Yield
0.07%Recent Filings
10-Q
8-K
8-K
Verizon CEO transition announced
Verizon appointed Daniel H. Schulman as CEO effective October 4, 2025, replacing Hans Vestberg, who steps into a Special Advisor role through October 4, 2026, focusing on Frontier Communications integration expected in Q1 2026. Schulman, ex-PayPal CEO with telecom roots at AT&T, aims to boost market share and financial growth amid the $20 billion Frontier deal. The board praises the timing post-5G buildout. Yet risks loom from competition and acquisition hurdles.
8-K
Verizon appoints new director
Verizon elected Jennifer K. Mann, Executive Vice President and President of Coca-Cola's North America Operating Unit, to its Board of Directors on August 25, 2025. She joins as a non-employee director, eligible for the standard compensation program outlined in Verizon's April 2025 proxy statement. No committee assignment yet. This addition brings consumer goods expertise to Verizon's oversight.
10-Q
Q2 FY2025 results
Verizon's Q2 revenue climbed 5.2% year-over-year to $34.5B, fueled by 6.9% Consumer growth from wireless service pricing and a 34% FWA subscriber surge, while Business dipped 0.3% amid public sector pressures. Operating income rose 4.5% to $8.2B, with margins holding steady; diluted EPS gained 8.3% to $1.18 (derived from $5.0B net income over 4.228B shares). Free cash flow strengthened to $8.8B YTD, cash at $3.4B, total debt $146.0B, and $12.0B revolver fully available. The Frontier acquisition advances, promising fiber synergies. Yet competition in wireless and broadband erodes pricing power.
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