Verizon Communications Inc. VZ reported better-than-expected second-quarter financial results and raised guidance on Monday. Verizon posted adjusted earnings of $1.22 per share, beating market estimates of $1.

Verizon has leaned on bundled offerings and price-lock deals to compete with rivals including AT&T (NYSE:T), T-Mobile US (NASDAQ:TMUS), Comcast (NASDAQ:CMCSA), and Charter Communications (NASDAQ:CHTR).

Verizon chairman and CEO Hans Vestberg joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the economy, growth outlook, capital investment, leveraging AI technology, and more.

Verizon continued to gain broadband market share, reporting 293,000 broadband net additions during the quarter. Fixed wireless access (FWA) remained a key growth driver with 278,000 net additions, expanding the FWA subscriber base to over 5.1 million. Total broadband connections rose to more than 12.9 million, a 12.2% increase year-over-year.

Delivers industry-leading wireless service revenue and grows customer base America’s #1 network with the most mobility and broadband customers continues to extend its market leadership position Key 2Q 2025 Highlights Grew industry-leading wireless service revenue1 to $20.

Verizon beat Q2 expectations and raised guidance, but macro risks, tariffs, and subscriber losses cloud the outlook. See why VZ stock is upgraded to hold.

Verizon shares gained Monday after the telecommunications giant's quarterly earnings topped analysts' estimates, and the company lifted the lower end of its full-year outlook.