
- Flow free bridges free online download#
- Flow free bridges free online free#
Flow free bridges free online free#
The company ended first-quarter 2023 with free cash flow 1 of $2.3 billion, an increase from $1.0 billion in first-quarter 2022. First-quarter 2023 capital expenditures were $6.0 billion, and included most of the remaining $1.75 billion under the company's C-Band related spending program. This increase was primarily due to working capital improvements driven by lower inventory levels, fewer phone upgrades and a modest improvement in customer payment patterns, despite current macroeconomic uncertainties. Cash flow from operations totaled $8.3 billion in first-quarter 2023, an increase from $6.8 billion in first-quarter 2022.
Net income of $5.0 billion, an increase of 6.5 percent compared to first-quarter 2022, and adjusted EBITDA 1 of $11.9 billion, a decrease of 1.1 percent year over year. The shutdown resulted in the removal of approximately 1.1 million retail connections and the corresponding loss of revenue for first-quarter 2023. This benefit was partially offset by the impact associated with the shutdown of the company's 3G network, completed at the end of fourth-quarter 2022. As discussed during the company's fourth-quarter 2022 earnings call, results for first-quarter 2023 included a benefit of approximately 185 basis points associated with a larger allocation of administrative and telco recovery fees from other revenue into wireless service revenue. Total wireless service revenue 3 in first-quarter 2023 increased 3.0 percent year over year. This decrease was primarily due to lower equipment revenue and continued declines in Business wireline services. Total consolidated operating revenue in first-quarter 2023 of $32.9 billion, a decrease of 1.9 percent from first-quarter 2022. On an adjusted basis 1, excluding a special item, EPS was $1.20 in first-quarter 2023, compared with adjusted EPS 1 of $1.35 in first-quarter 2022.įirst-quarter 2023 earnings included a pre-tax loss of approximately $208 million from a special item representing the impacts of amortization of intangible assets related to TracFone and other acquisitions. With our mobile and broadband capabilities, and our focus on network strength, we are giving more customers in more places a superior network experience."įor first-quarter 2023, Verizon reported EPS of $1.17, compared with $1.09 in first-quarter 2022. “Last month, we announced that our 5G Ultra Wideband now reaches more than 200 million people as we continue to undergo the most aggressive network deployment in our company's history.
Compared to this time last year, we have added more postpaid phone gross additions to our network and have increased our cash flow from operations and free cash flow 1," said Verizon Chairman and CEO Hans Vestberg. "Our operational and financial results reflect the steps that we have taken to improve our performance. (NYSE, Nasdaq: VZ) reported first-quarter results today highlighted by increased cash flow and the largest number of total broadband net additions in more than a decade. Total retail postpaid churn of 1.15 percent, and retail postpaid phone churn of 0.90 percent.Total wireless postpaid phone gross additions increased 5.3 percent year over year, primarily driven by an 11.5 percent year over year growth in Consumer phone gross additions.
Postpaid phone net losses of 127,000, and retail postpaid net additions of 633,000.Total wireless service revenue 3 of $18.9 billion, a 3.0 percent increase year over year.67,000 Fios Internet net additions, an increase from 60,000 Fios Internet net additions in first-quarter 2022.This result included 393,000 fixed wireless net additions, an increase from 379,000 fixed wireless net additions in fourth-quarter 2022. Total broadband net additions of 437,000 was the largest result in more than a decade, reflecting a strong demand for fixed wireless and Fios products.Net income of $5.0 billion, an increase of 6.5 percent from first-quarter 2022, and adjusted EBITDA 1 of $11.9 billion, down 1.1 percent year over year.Total operating revenue of $32.9 billion, a decrease of 1.9 percent from first-quarter 2022.$1.17 in EPS, compared with $1.09 in first-quarter 2022 adjusted EPS 1, excluding a special item, of $1.20, compared with $1.35 in first-quarter 2022.
Flow free bridges free online download#
Download 1Q Financials 1Q 2023 highlights Consolidated: