Verizon Communications Inc. Files 8-K on Financials

Ticker: VZ · Form: 8-K · Filed: Oct 22, 2024 · CIK: 732712

Verizon Communications Inc 8-K Filing Summary
FieldDetail
CompanyVerizon Communications Inc (VZ)
Form Type8-K
Filed DateOct 22, 2024
Risk Levellow
Pages8
Reading Time9 min
Key Dollar Amounts$0.10
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, 8-K, telecommunications

Related Tickers: VZ

TL;DR

Verizon dropped its 8-K on 10/22, check it for the latest financials.

AI Summary

On October 22, 2024, Verizon Communications Inc. filed an 8-K report detailing its financial condition and results of operations. The filing includes various financial statements and exhibits related to the company's fiscal activities. Specific details regarding the financial performance or significant events are not elaborated in the provided text, but the filing indicates a standard reporting of operational and financial data.

Why It Matters

This filing provides an update on Verizon's financial condition and operational results, which is crucial for investors and stakeholders to assess the company's performance and make informed decisions.

Risk Assessment

Risk Level: low — This is a routine financial filing (8-K) and does not appear to contain any immediately alarming or significant negative news.

Key Players & Entities

  • VERIZON COMMUNICATIONS INC (company) — Filer
  • 0000732712-24-000062 (document_id) — Accession Number
  • 20241022 (date) — Filing Date
  • BELL ATLANTIC CORP (company) — Former Company Name

FAQ

What is the primary purpose of this 8-K filing by Verizon Communications Inc.?

The primary purpose of this 8-K filing is to report on Verizon Communications Inc.'s Results of Operations and Financial Condition, as well as to file Financial Statements and Exhibits.

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted on October 22, 2024.

What is Verizon Communications Inc.'s Standard Industrial Classification (SIC) code?

Verizon Communications Inc.'s Standard Industrial Classification (SIC) code is 4813, which corresponds to TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE).

What is Verizon's state of incorporation?

Verizon Communications Inc. is incorporated in Delaware (DE).

What is the business address listed for Verizon Communications Inc.?

The business address listed for Verizon Communications Inc. is 1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036.

Filing Stats: 2,347 words · 9 min read · ~8 pages · Grade level 13.8 · Accepted 2024-10-22 07:00:25

Key Financial Figures

  • $0.10 — ich Registered Common Stock, par value $0.10 VZ New York Stock Exchange Common Stoc

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition Attached as Exhibit 99.1 hereto are a press release and financial tables, dated October 22, 2024, issued by Verizon Communications Inc. (Verizon). Attached as Exhibit 99.2 hereto is commentary, dated October 22, 2024, discussing Verizon's financial and operating results for the third quarter of 2024. Non-GAAP Measures Verizon's press release, financial tables and commentary attached to the report include financial information prepared in conformity with generally accepted accounting principles in the United States (GAAP) as well as non-GAAP financial information. It is management's intent to provide non-GAAP financial information to enhance the understanding of Verizon's GAAP financial information and it should be considered by the reader in addition to, but not instead of, the financial statements prepared in accordance with GAAP. Each non-GAAP financial measure is presented along with the corresponding GAAP measure so as not to imply that more emphasis should be placed on the non-GAAP measure. We believe that providing these non-GAAP measures in addition to the GAAP measures allows management, investors and other users of our financial information to more fully and accurately assess both consolidated and segment performance. The non-GAAP financial information presented may be determined or calculated differently by other companies and may not be directly comparable to that of other companies. EBITDA and EBITDA Margin Related Non-GAAP Measures Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA), Segment EBITDA and Segment EBITDA Margin are non-GAAP financial measures that we believe are useful to management, investors and other users of our financial information as they are widely accepted financial measures used in evaluating the profitability of a company and its operating performance in relation to its competitors. Consolidated EBITDA is calculated by adding back inte

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 99.1 Press release and financial tables, dated October 22, 2024 , issued by Verizon Communications Inc. 99.2 Commentary discussing financial and operating results of Verizon Communications Inc. for the third quarter of 2024. 104 Cover Page Interactive Data File (formatted as inline XBRL). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Verizon Communications Inc. (Registrant) Date: October 22, 2024 /s/ Mary-Lee Stillwell Mary-Lee Stillwell Senior Vice President and Controller

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