earnings
confidence high
sentiment positive
materiality 0.85
Lumen Q2 net loss $915M includes $628M impairment; sells fiber to AT&T for $5.75B, raises FCF outlook
Lumen Technologies, Inc.
2025-Q2 EPS
reported -$1.12
vs consensus -$0.27
▼ miss
(-316.8%)
- Revenue $3.092B (-5% YoY); Adjusted EBITDA ex-specials $877M vs $1.011B YoY.
- Announced $5.75B cash sale of consumer fiber business to AT&T, sharpening enterprise focus.
- Completed $2B bond offering due 2033, reducing annual interest expense by ~$50M.
- Raised FY2025 FCF guidance to $1.2-1.4B (from $0.7-0.9B); EBITDA outlook unchanged $3.2-3.4B.
- Raised 2025 exit run-rate cost-reduction target to $350M (from $250M).