Results21 Jan 2016 12:07
Verizon caps transformational year with strong, balanced 4Q results
NEW YORK, Jan. 21, 2016 --
4Q 2015 highlights
Consolidated
$1.32 in earnings per share (EPS), compared with a loss of 54 cents per share in 4Q 2014, including impacts in both quarters related to the annual actuarial valuation of benefit plans and mark-to-market pension adjustments.
89 cents in adjusted EPS (non-GAAP), a 25.4 percent increase compared with adjusted EPS of 71 cents in 4Q 2014.
Wireless
1.5 million net retail postpaid connections added in the quarter; 112.1 million total retail connections; 106.5 million total retail postpaid connections.
0.96 percent retail postpaid churn, demonstrating continued high customer loyalty.
Wireline
6.8 percent Fios revenue growth; 99,000 Fios internet and 20,000 Fios video net additions.