Verizon

Q4 Results Q/Q Comparison:

  • Revenue decreased 5.6% to $32.3B
  • GAAP diluted EPS deceased 16.7% to $1.10
    • Adjusted EPS decreased 3.4% to $0.86

Wireless:

  • Revenue decreased 2% to $23.4B
  • Operating income decreased 7% to $6.3B
    • Operating income margin of 27.0%, compared to 28.6% prior year quarter
  • Total retail connections: 114.2M, an increase of 2% year-over-year
    • Added 591K retail postpaid net connections
  • Retail postpaid churn rate of 1.10%, compared to 0.96% in the prior year quarter

Wireline:

  • Revenue decreased 3% to $7.8B
  • Operating income of $414M, up from $7M prior year quarter
  • Total FiOS digital connections increased 2% to 14.2M
    • FiOS internet penetration (subscribers as a percentage of potential subscribers) was 40.4%, up from 40.2%
    • FiOS video penetration was 34.3%, down from 35.1%

Full-year 2016 results:

  • Revenue decreased 4.3% to $126.0B
  • GAAP diluted EPS decreased 26.5% to $3.21
    • Adjusted EPS decreased 3.0% to $3.87
  • EBITDA margin of 35.5%, up from 35.4%
  • Operating cashflow of $22.7B
  • Free cashflow of $5.7B
  • Net debt of $105.2B (2.4x EBITDA)
  • Increased annual dividend to $2.31, up from $2.26

Stock Price: $50
Market Capitalization: $204 billion

January 24, 2017

 

 

 


 


 

Menu byMilonic