Verizon Adds 55K Subscribers in Q1, Beats Expectations and Raises Outlook
Verizon (VZ) added 55,000 net wireless phone subscribers in Q1 2025, beating analyst expectations of a loss. The company raised its annual guidance, marking the first positive Q1 subscriber growth since 2013.
Key Numbers
Verizon Communications (VZ) reported a net addition of 55,000 wireless phone subscribers in the first quarter of 2025, reversing analyst expectations of subscriber losses. This marks the first positive Q1 phone additions since 2013, prompting the company to raise its full-year guidance.
Key Financial Results
| Metric | Q1 2025 | YoY Change |
|---|---|---|
| Subscriber additions | +55,000 | First positive Q1 since 2013 |
| Revenue | Not yet disclosed | - |
| Net income | Not yet disclosed | - |
| EPS | Not yet disclosed | - |
Note: Full financial figures have not been released in the preliminary report.
Highlights from the Statement
Verizon attributed the growth to improved network quality and targeted marketing strategies. The company noted strong demand for 5G services as a key driver.
Future Guidance
Verizon raised its full-year subscriber addition guidance, expecting continued growth in subsequent quarters. It also indicated improving operating margins.
Impact on Stock
Verizon's stock (VZ) rose in early trading following the announcement, as investors reacted positively to the news. The stock had declined in recent weeks due to growth concerns.
What This Means for Investors
The subscriber growth is a positive sign of Verizon's ability to regain momentum in a competitive market. However, investors should await the full financial results to assess the company's overall financial health.
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