NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) — Frank Boulben, senior vice chairman and chief income officer for the Shopper Group of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the New Street Research and BCG Way forward for Connectivity Leaders Conference on Wednesday, March 26, at 8:30 a.m. ET. His remarks might be webcast, with entry directions obtainable on Verizon’s Investor Relations web site, www.verizon.com/about/traders.
Boulben will focus on the unit’s progress to innovate on its cellular and broadband platforms, bringing differentiated gives to the market and enhancing its worth proposition, whereas elevating the client expertise and strengthening buyer relationships.
Verizon is on observe to ship on its full-year 2025 monetary and operational steering and stays dedicated to its three key priorities of rising wi-fi service income, increasing adjusted EBITDA(*26*)1 and producing sturdy free money move(*26*)1.
For 2025, Verizon continues to count on the next:
- Complete wi-fi service income progress(*26*)2 (*26*)3 of two.0 % to 2.8 %.
- Adjusted EBITDA progress(*26*)1 of two.0 % to 3.5 %.
- Adjusted EPS(*26*)1 progress of 0 to 3.0 %.
- Money move from operations of $35.0 billion to $37.0 billion.
- Capital expenditures between $17.5 billion and $18.5 billion.
- Free money move(*26*)1 of $17.5 billion to $18.5 billion.
1 Non-GAAP monetary measure. See the accompanying schedules and www.verizon.com/about/traders for reconciliations of non-GAAP monetary measures cited on this doc to most straight comparable monetary measures beneath typically accepted accounting rules (GAAP).
2 Complete wi-fi service income represents the sum of Shopper and Enterprise segments.
3 Displays the reclassification of recurring machine safety and insurance coverage associated plan revenues from different income into wi-fi service income starting January 2025. Reclassified 2024 annual revenues have been greater than $2.9 billion.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its hundreds of thousands of shoppers dwell, work and play, delivering on their demand for mobility, dependable community connectivity and safety. Headquartered in New York Metropolis, serving nations worldwide and practically the entire Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class group by no means stops innovating to meet clients the place they’re at this time and equip them for the wants of tomorrow. For extra, go to verizon.com or discover a retail location at verizon.com/shops.
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Ahead-looking statements
On this communication we now have made forward-looking statements. These statements are based mostly on our estimates and assumptions and are topic to dangers and uncertainties. Ahead-looking statements embrace the data regarding our doable or assumed future outcomes of operations. Ahead-looking statements additionally embrace these preceded or adopted by the phrases “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “forecasts,” “hopes,” “intends,” “plans,” “targets” or related expressions. For these statements, we declare the safety of the protected harbor for forward-looking statements contained within the Personal Securities Litigation Reform Act of 1995. We undertake no obligation to revise or publicly launch the outcomes of any revision to these forward-looking statements, besides as required by regulation. Given these dangers and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The next vital components, together with these mentioned in our filings with the Securities and Alternate Fee (the “SEC”), might have an effect on future outcomes and will trigger these outcomes to differ materially from these expressed within the forward-looking statements: the consequences of competitors within the markets through which we function, together with the lack to efficiently reply to aggressive components reminiscent of costs, promotional incentives and evolving client preferences; failure to benefit from, or reply to opponents’ use of, developments in expertise, together with synthetic intelligence, and deal with modifications in client demand; efficiency points or delays within the deployment of our 5G community leading to important prices or a discount within the anticipated advantages of the enhancement to our networks; the lack to implement our enterprise technique; antagonistic circumstances within the U.S. and worldwide economies, together with inflation and altering rates of interest within the markets through which we function; cyberattacks impacting our networks or techniques and any ensuing monetary or reputational affect; harm to our infrastructure or disruption of our operations from pure disasters, excessive climate circumstances, acts of battle, terrorist assaults or different hostile acts and any ensuing monetary or reputational affect; disruption of our key suppliers’ or distributors’ provisioning of services or products, together with because of geopolitical components or the potential impacts of worldwide local weather change; materials antagonistic modifications in labor issues and any ensuing monetary or operational affect; harm to our fame or manufacturers; the affect of public well being crises on our enterprise, operations, staff and clients; modifications within the regulatory atmosphere through which we function, together with any enhance in restrictions on our means to function our networks or companies; allegations concerning the discharge of hazardous supplies or pollution into the atmosphere from our, or our predecessors’, community belongings and any associated authorities investigations, regulatory developments, litigation, penalties and different legal responsibility, remediation and compliance prices, operational impacts or reputational harm; our excessive degree of indebtedness; important litigation and any ensuing materials bills incurred in defending in opposition to lawsuits or paying awards or settlements; an antagonistic change within the rankings afforded our debt securities by nationally accredited rankings organizations or antagonistic circumstances within the credit score markets affecting the associated fee, together with rates of interest, and/or availability of additional financing; important will increase in profit plan prices or decrease funding returns on plan belongings; modifications in tax legal guidelines or rules, or of their interpretation, or challenges to our tax positions, leading to extra tax expense or liabilities; modifications in accounting assumptions that regulatory companies, together with the SEC, might require or that consequence from modifications within the accounting guidelines or their software, which might lead to an affect on earnings; and dangers related to mergers, acquisitions, divestitures and different strategic transactions, together with our means to consummate the proposed acquisition of Frontier Communications Father or mother, Inc. and procure price financial savings, synergies and different anticipated advantages inside the anticipated time interval or at all.
| Non-GAAP Reconciliations | |||||
| Free Money Circulate Forecast | |||||
| ({dollars} in hundreds of thousands) | |||||
| Unaudited | 12 Mos. Ended 12/31/25 | ||||
| Internet Money Offered by Working Actions Forecast | $ | 35,000 – 37,000 | |||
| Capital expenditures forecast (together with capitalized software program) | (17,500 – 18,500) | ||||
| Free Money Circulate Forecast | $ | 17,500 – 18,500 | |||
Media contacts:
Jamie Serino
jamie.serino@verizon.com
Adi Wineland
aditya.wineland@verizon.com
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