Verizon 2023 Free Cash Flow From Operations $37.5B, Up From $37.1B YoY
Portfolio Pulse from Benzinga Newsdesk
Verizon reported a 2023 Free Cash Flow (FCF) from operations of $37.5 billion, a slight increase from $37.1 billion year-over-year (YoY).
January 23, 2024 | 12:06 pm
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Verizon's Free Cash Flow for 2023 increased to $37.5 billion from $37.1 billion the previous year, indicating a stable financial performance.
The increase in Free Cash Flow is a positive indicator of Verizon's financial health and operational efficiency. This modest growth is likely to be viewed favorably by investors, potentially leading to a positive short-term impact on the stock price. However, the impact may be tempered by the fact that the increase is relatively small.
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