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  5. Verizon Earns $3 Billion In Fourth Quarter, Driven By Wireless Again: Page 2 of 2
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Verizon Earns $3 Billion In Fourth Quarter, Driven By Wireless Again: Page 2 of 2

Verizon Communications Inc. on Thursday reported a $3.04 billion profit in the fourth quarter, posting a 6 percent revenue gain as another powerful showing by the cellular business more than
January 27, 2005

For all of 2004, Verizon earned $7.83 billion, or $2.79 per share. In 2003, the company earned $3.08 billion, or $1.12 per share.

But excluding one-time factors, full-year earnings fell to $2.51 per share compared with $2.60 per share in 2003.

Full-year revenues came to $71.28 billion, up 5.7 percent from $67.47 billion in 2003, Verizon's strongest annual revenue growth in three years.

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