Reporting second-quarter 2015 results today, Verizon Communications Inc. announced double-digit percentage growth in year-over-year quarterly earnings on an adjusted basis (non-GAAP) and continued strong cash flows.
Proposing a solid wage increase up front, Verizon held its first negotiating session today with representatives of the Communications Workers of America and the International Brotherhood of Electrical Workers on contracts covering approximately 38,000 Verizon East Wireline Employees.
Verizon Communications announced preliminary results of the shareholder vote at its annual meeting in Minneapolis on May 7. A substantial majority of the shareholders approved all three management proposals.
Verizon Communications announced strong, balanced first-quarter 2015 results, and Verizon Chairman and CEO Lowell McAdam said the company “is off to a strong start … with another quarter of profitable growth.”