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Verizon Q4 revenues up 3.2%, driven by hardware sales

2016-01-21 16:03:00| Telecompaper Headlines

(Telecompaper) Verizon reported earnings of USD 1.32 per share in the fourth quarter of 2015, compared to a loss of USD 0.54 per share in the fourth quarter of 2014. Total operating revenues rose by 3.2 percent to USD 34.25 billion, versus USD 33.19 billion to the year-earlier period. Verizon posted a USD 9.74 billion operating income in its latest quarter, after make a USD 2.14 billion operating loss a year earlier. Net income came in at USD 5.51 billion, compared to a year-earlier net loss of USD 2.15 billion.

Tags: sales hardware driven revenues

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