Verizon Communications (VZ) reported better-than-expected wireless subscriber additions and financial results in the first quarter of 2023. Despite losing 68,000 wireless subscribers, below analyst estimates, the company’s wireless service revenue grew 3.3% to $19.5 billion, driven by pricing adjustments and higher premium plans. Adjusted earnings per share (EPS) declined from $1.20 to $1.15, but surpassed expectations of $1.12. Total revenue increased slightly by 0.2% to $33 billion, shy of analyst expectations. Verizon remains optimistic about the future, expecting continued wireless service revenue growth and adjusted EPS within the range of $4.50 to $4.70.