Verizon Communications Inc. (NYSE, Nasdaq: VZ) currently claimed powerful first-quarter 2013 revenue growth, powered by record margins from Verizon Wireless along with ongoing strong cashflow and also year-over-year earnings raises with regard to wireless, FiOS as well as strategic enterprise services.
Verizon documented 68 cents with EPS in first-quarter 2013, a good 15. 3 % growth in contrast to first-quarter 2012 revenue of 59 cents for each share. There have been zero modifications in both quarters
"Verizon is off to an excellent start in 2013," said Lowell McAdam, Verizon chairman and CEO. "Our strategic investments in wireless, wireline and global networks have given us the platforms to sustain momentum and take advantage of growth opportunities in key markets for broadband, video and cloud services. With ongoing improvements in operating efficiency, we expect continued growth in free cash flow and earnings as we move through the year."
Verizon Wireless Provides Best Earnings, Strong Customer in addition to Profits Increase
Within first-quarter 2013, Verizon Wireless provides solid progress with retail postpaid internet upgrades in addition to earnings; a growth in smartphone penetration; and also the top segment EBITDA margin in services earnings (non-GAAP) in the history of the organization -- surpassing the last high in third-quarter 2012.
Wireline Reports Extended Powerful FiOS Consumer as well as Profits Expansion
Verizon’s Wireline segment claimed extended powerful FiOS consumer, market share in addition to revenue increase in first-quarter 2013, bringing about all round progress in buyers earning.