---
schema_version: "secwatch.filing_event.v1"
accession: "0000732712-24-000007"
form_type: "8-K"
ticker: "VZ"
cik: "0000732712"
company_name: "VERIZON COMMUNICATIONS INC"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:19:32.917925+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Verizon Q4 net loss $2.6B on $5.8B goodwill impairment; wireless adds strong

## Summary
- Q4 EPS $(0.64) vs $1.56; adjusted EPS $1.08 vs $1.19; revenue $35.1B, down 0.3% YoY.
- Full-year 2023 EPS $2.75 vs $5.06; adjusted EPS $4.71 vs $5.18; revenue $134.0B, down 2.1%.
- Q4 included $5.8B goodwill impairment in Business unit, $992M pension/OPEB adjustment, $296M severance.
- Retail postpaid phone net adds 449K in Q4 (217K prior year); fixed wireless net adds 375K; total broadband base >3M.
- Full-year free cash flow $18.7B, up from $14.1B; cash from ops $37.5B.

## SEC filing metadata
- accession: 0000732712-24-000007
- form_type: 8-K
- ticker: VZ
- cik: 0000732712
- company_name: VERIZON COMMUNICATIONS INC
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/732712/000073271224000007/0000732712-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/732712/000073271224000007/vz-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000732712-24-000007
- JSON: https://secwatch.observer/filing/0000732712-24-000007.json
- Plain text: https://secwatch.observer/filing/0000732712-24-000007.txt

## Key facts
- Earnings Releases
  VERIZON COMMUNICATIONS INC reported financial results for fourth quarter and full year of 2023.
  - Period: fourth quarter and full year of 2023
  - Result: reported results
  source text: Attached as Exhibit 99.1 hereto are a press release and financial tables, dated January 23, 2024, issued by Verizon Communications Inc. (Verizon). Attached as Exhibit 99.2 hereto is commentary, dated January 23, 2024, discussing Verizon's financial and operating results for the fourth quarter and full year of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/732712/000073271224000007/0000732712-24-000007-index.htm

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