Story perspectives
Verizon's Q3 Earnings Beat Expectations, New CEO Sets Innovation Goals
10/29/2025
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Story summary
- Verizon Communications reported third-quarter 2025 results with adjusted earnings of $1.21 per share and revenue of $33.8 billion, up 1.5% but below forecasts.
- Verizon added 44,000 postpaid phone subscribers and lost 7,000 in its consumer business.
- New CEO Dan Schulman emphasized a commitment to innovation and customer satisfaction.
- Wireless service revenues reached $21 billion, up 2.1% year over year.
- Verizon targets 8–9 million fixed wireless subscribers by 2028.
