Markets

Key Takeaways From Verizon's Q1 Results

Verizon ( VZ ), the largest U.S. wireless carrier, posted a relatively strong set of Q1 2016 numbers that were largely in line with market estimates. While Verizon's bread and butter wireless operations saw some revenue pressure, on account of lower postpaid service billings and the shift towards equipment installment plans, margins expanded, driven by lower handset subsidies, better cost management and a focus on higher-value smartphone users. The carrier's postpaid subscriber adds (640k for the quarter) continued to be driven by tablets, as phone net adds remained negative. Things were slightly more challenging on the wireline front, as traditional landline services continued to witness declines, while the uptake for FiOS services also slowed down significantly. Below, we present some of the key metrics and takeaways from the company's earnings release.

References:

Verizon Communications ( VZ ) Q1 2016 Results - Earnings Call Transcript, Seeking Alpha, April 2016

Verizon Q1 2016 Earnings Press Release

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively.

See More at Trefis |View Interactive Institutional Research(Powered by Trefis)

Get Trefis Technology

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

S TMUS T VZ

Other Topics

Investing Stocks US Markets

Latest Markets Videos