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Verizon Communications Inc  (VZ)
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Verizon Communications Inc Income Statement Quarterly

VZ



INCOME STATEMENT
(Quarterly GAAP In millions $)

(Mar 31 2018)
I. Quarter
(Dec 31 2017)
IV. Quarter
(Sep 30 2017)
III. Quarter
(Jun 30 2017)
II. Quarter
(Mar 31 2017)
I. Quarter
Sales Revenue, Services, Net 26,732.00 27,480.00 27,365.00 26,250.00 26,050.00
Sales Revenue, Goods, Net 5,040.00 6,475.00 4,352.00 4,298.00 3,764.00
Total Revenue 31,772.00 33,955.00 31,717.00 30,548.00 29,814.00
Cost of Revenues 7,946.00 7,836.00 7,640.00 7,075.00 6,858.00
Gross Profit 23,826.00 26,119.00 24,077.00 23,473.00 22,956.00
Selling, Administration, Marketing 6,844.00 9,531.00 7,632.00 6,039.00 6,908.00
Depriciation & Amortization 4,324.00 4,456.00 4,272.00 4,167.00 4,059.00
Research & development - - - - -
Restructuring charges - - - - -
Other exp. /-income 5,309.00 7,339.00 4,965.00 5,035.00 4,808.00
Sales of assets net - - - - -
Total operating costs including COS 24,423.00 29,162.00 24,509.00 22,316.00 22,633.00
Operating income/-loss 7,349.00 4,793.00 7,208.00 8,232.00 7,181.00
Other Deductions / - Income
Interest expense 1,201.00 1,219.00 1,164.00 1,218.00 1,132.00
Interest income - - - - -
Net interest expense/-income 1,201.00 1,219.00 1,164.00 1,218.00 1,132.00
Loss (Income) from Equity Method Investments - - - - -
Income from affiliates - - - - -
Minority interest - - - - -
Financing Loss/ -Income - - - - -
Other loss/ -income 94.00 640.00 533.00 47.00 867.00
Total costs & expenses 25,718.00 31,021.00 26,206.00 23,581.00 24,632.00
Income /-loss before income taxes 6,054.00 2,934.00 5,511.00 6,967.00 5,182.00
Income taxes expenses/-benefit 1,388.00 -15,849.00 1,775.00 2,489.00 1,629.00
Income after income taxes 4,666.00 18,783.00 3,736.00 4,478.00 3,553.00
Net income/-loss of other equity - - - - -
Income/-loss from cont. Ops. 4,666.00 18,783.00 3,736.00 4,478.00 3,553.00
Accounting change - - - - -
Discontinued operations - - - - -
Extraordinary items - - - - -
Net Income/-loss 4,666.00 18,783.00 3,736.00 4,478.00 3,553.00
Noncontrolling interests 121.00 114.00 116.00 116.00 103.00
Prefered dividends - - - - -
Other - - - - -
Income/-loss to shareholder 4,545.00 18,669.00 3,620.00 4,362.00 3,450.00
EBIT 7,255.00 4,153.00 6,675.00 8,185.00 6,314.00
EBITD 11,579.00 8,609.00 10,947.00 12,352.00 10,373.00
EBITDA 11,579.00 8,609.00 10,947.00 12,352.00 10,373.00


Per Share (GAAP Quarterly, in $) (Mar 31 2018)
I. Quarter
(Dec 31 2017)
IV. Quarter
(Sep 30 2017)
III. Quarter
(Jun 30 2017)
II. Quarter
(Mar 31 2017)
I. Quarter
Basic EPS (excl. extra items) 1.11 4.56 0.89 1.07 0.85
   Extraordinary items 0.00 -0.01 0.00 0.00 0.00
Basic Net EPS 1.11 4.57 0.89 1.07 0.85
Basic shares outstanding (Mill. of Units) 4,104.00 4,088.00 4,084.00 4,082.00 4,082.00
   EPS other shares - - - - -
Diluted Net EPS 1.11 4.56 0.89 1.07 0.84
Diluted average shares (Mill. of Units) 4,107.00 4,093.00 4,089.00 4,087.00 4,087.00
Dividend per share 0.59 0.588 0.59 0.578 0.5775
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