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Verizon Beats on Revenue, Ups Profit Outlook on Tax Reform

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July 21, 2025

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Verizon Communications Inc. posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation.

Operating revenue was $34.5 billion, up 5.2% from a year earlier, The New York-based carrier said in a statement. Wall Street had been expecting $33.7 billion, on average.

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Verizon Beats on Revenue, Ups Profit Outlook on Tax Reform · Bloomberg Podcasts · Sentinel