Earnings release
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verizon News Release FOR IMMEDIATE RELEASE October 20 , 2021 Media contacts : Kim Ancin 908.559.3227 kimberly.ancin@verizon.com ● Eric Wilkens 908.559.3063 eric.wilkens@verizon.com Verizon reports strong 3Q revenue growth momentum Accelerated 5G adoption drives 3Q performance 3Q 2021 highlights Consolidated : $ 1.55 in earnings per share ( EPS ) , compared with $ 1.05 in third - quarter 2020 ; adjusted EPS * , excluding special items , of $ 1.41 , compared with $ 1.25 in third - quarter 2020 . Operating revenue of $ 32.9 billion , up 4.3 percent from third - quarter 2020. This includes two months of Verizon Media revenue of approximately $ 1.4 billion on a segment basis . Excluding Verizon Media * , operating revenues increased 5.5 percent . Net income of $ 6.6 billion , an increase of 45.5 percent from third - quarter 2020 , and adjusted EBITDA * of $ 12.3 billion , an increase of 3.3 percent from third - quarter 2020 . 129,000 total broadband net additions , defined as wireline and fixed wireless . Total Wireless : Total wireless service revenue of $ 17.1 billion , a 3.9 percent increase year over year , driven by higher access revenue , volume growth and products . Total retail postpaid churn of 0.94 percent , and retail postpaid phone churn of 0.74 percent .