Verizon reported EPS adjusted for special items of $1.15 for the first three months of 2024, down from $1.20 a year earlier, but adjusted EBITDA up around 2% to $12.1 billion on stable revenues (+0.2%) of $33 billion.

Its wireless revenues rose by 3.3% to $19.5 billion, 'mainly due to pricing actions in recent quarters, increased adoption of premium rate plans and growth in its fixed wireless subscriber base'.

For 2024 as a whole, the telecom operator continues to expect adjusted EPS of $4.50 to $4.70, adjusted EBITDA growth of 1% to 3%, and total wireless sales growth of 2% to 3.5%.

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