What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to report Verizon Communications Inc.'s financial results and condition as of July 17, 2013. It includes a press release and financial tables that provide investors with updated performance information.

What are the key non-GAAP financial measures mentioned in the filing?

The key non-GAAP financial measures mentioned include Consolidated EBITDA, Consolidated EBITDA margin, Verizon Wireless Segment EBITDA (Wireless EBITDA), Wireless EBITDA service margin, Wireline Segment EBITDA (Wireline EBITDA), Wireline Segment EBITDA margin, Consolidated Adjusted EBITDA, Net Debt, Net Debt to Adjusted EBITDA Ratio, Adjusted Earnings Per Common Share (Adjusted EPS), and Free Cash Flow.

Why does Verizon present non-GAAP financial measures?

Verizon presents non-GAAP financial measures because management believes they provide useful information to investors and other users for evaluating operating profitability, underlying business trends, and financial leverage on a basis that excludes certain expenses or items that may not be directly reflective of ongoing operational performance. These measures are intended to supplement, not replace, GAAP financial statements.

Where can I find the detailed financial information?

The detailed financial information, including the press release and financial tables for the period, is provided as Exhibit 99 to this 8-K filing.

VZ 8-K: Earnings & Results

Summary

Verizon Communications Inc. filed an 8-K on July 18, 2013, primarily to announce its financial results for the period ending July 17, 2013. This filing is significant as it provides investors with key operational and financial performance metrics. The report includes both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures, offering a comprehensive view of the company's performance. Investors should note that Verizon's management uses non-GAAP measures like Consolidated EBITDA, Adjusted EBITDA, Wireless EBITDA, Wireline EBITDA, Net Debt, Adjusted EPS, and Free Cash Flow to provide a clearer understanding of operational profitability and underlying business trends, excluding certain non-operational or non-recurring items. These measures are presented alongside their GAAP counterparts to aid in the evaluation of operating performance and leverage.

Key Highlights

1Verizon Communications Inc. filed an 8-K on July 18, 2013, announcing financial results.
2The filing incorporates both GAAP and non-GAAP financial measures.
3Key non-GAAP metrics discussed include Consolidated EBITDA, Adjusted EBITDA, Wireless EBITDA, and Wireline EBITDA.
4The report also defines and references other non-GAAP measures such as Net Debt, Adjusted EPS, and Free Cash Flow.
5Management believes these non-GAAP measures enhance the understanding of operational profitability and business trends.
6The primary purpose of the filing is to provide updated financial and operational information to investors.
7Exhibit 99 contains the detailed press release and financial tables related to the reported period.

VERIZON COMMUNICATIONS INC 8-K Report, Financial Results (Jul 18, 2013)

Summary

Key Highlights

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