Verizon Wireless has announced its financial results for quarter four of 2015, the company announced earnings of $1.32 per share.
The company also announced that it added a total of 1.5 million new customers to its network in quarter four 2015.
“In 2015, Verizon delivered strong and balanced results in a dynamic competitive environment while returning more than $13.5 billion to shareholders. At the same time, Verizon built and acquired next-generation network capabilities that position the company to be an innovator in the digital-first mobile world in 2016 and beyond,” said Chairman and CEO Lowell McAdam.
Fourth-quarter 2015 EPS results compare with a loss of 54 cents per share in fourth-quarter 2014. Earnings were impacted by non-operational items in both quarters, primarily related to the annual actuarial valuation of benefit plans and mark-to-market pension adjustments (see details below). Verizon’s adjusted EPS (non-GAAP) of 89 cents in fourth-quarter 2015 increased 25.4 percent compared with adjusted EPS of 71 cents in fourth-quarter 2014.
You can see more details about Verizon’s latest financial results over at their website at the link below
Source VerizonFiled Under: Top News