Verizon Communications Inc

Robust Financial Performance: Verizon reported a strong start to 2025 with wireless service revenue up 2.7%, adjusted EBITDA at an all-time high of $12.6 billion (a 4% growth YoY), and free cash flow exceeding $900 million. The adjusted EPS for the quarter was $1.19, representing a 3.5% increase YoY.

Consumer Strategy and Growth Outlook: The company aims to deliver better consumer postpaid phone net adds in 2025 compared to 2024, bolstered by new offerings like the three-year price lock and free phone guarantee, which are resonating with customers and driving double-digit growth in gross adds starting April 2025.

Challenges in Postpaid Phone Segment: The company faced a loss of 356,000 postpaid phone net adds in Q1 due to elevated churn linked to recent pricing actions and pressures from federal government accounts. However, the team has confidence in regaining industry-leading churn rates by the second half of 2025.