---
schema_version: "secwatch.filing_event.v1"
accession: "0000732712-23-000051"
form_type: "8-K"
ticker: "VZ"
cik: "0000732712"
company_name: "VERIZON COMMUNICATIONS INC"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:38:25.562382+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Verizon Q2 EPS $1.10 ($1.21 adj) on revenue $32.6B; wireless service revenue up 3.8%

## Summary
- GAAP EPS of $1.10, down 11.3% YoY; adjusted EPS $1.21, down 7.6%.
- Total operating revenue $32.6B, down 3.5% YoY; wireless service revenue $19.1B, up 3.8%.
- Broadband net adds of 418k (384k fixed wireless); fixed wireless subs ~2.3M.
- First-half free cash flow $8.0B vs $7.2B prior year; capex guidance $18.25-$19.25B reaffirmed.
- 2023 guidance: adj EBITDA $47.0-$48.5B, adj EPS $4.55-$4.85; special items include $237M severance.

## SEC filing metadata
- accession: 0000732712-23-000051
- form_type: 8-K
- ticker: VZ
- cik: 0000732712
- company_name: VERIZON COMMUNICATIONS INC
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/732712/000073271223000051/0000732712-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/732712/000073271223000051/vz-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000732712-23-000051
- JSON: https://secwatch.observer/filing/0000732712-23-000051.json
- Plain text: https://secwatch.observer/filing/0000732712-23-000051.txt

## Key facts
- Earnings Releases
  VERIZON COMMUNICATIONS INC reported financial results for second quarter of 2023.
  - Period: second quarter of 2023
  - Result: reported results
  source text: Attached as Exhibit 99.1 hereto are a press release and financial tables, dated July 25, 2023, issued by Verizon Communications Inc. (Verizon). Attached as Exhibit 99.2 hereto is commentary, dated July 25, 2023, discussing Verizon's financial and operating results for the second quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/732712/000073271223000051/0000732712-23-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.