earnings
confidence high
sentiment neutral
materiality 0.70
Lumen reports Q3 net loss of $621M; PCF deals reach $10B+; reaffirms FY outlook
Lumen Technologies, Inc.
2025-Q3 EPS
reported -$1.75
vs consensus -$0.27
▼ miss
(-545.8%)
- Net loss $621M ($0.62 diluted loss per share); adjusted loss per share $0.20 vs $0.13 YoY.
- Revenue $3.087B, down 4% YoY; Adjusted EBITDA (ex-special items) $787M vs $899M.
- Free cash flow (ex-special items) $1.661B, up from $1.198B YoY; beat expectations.
- Signed $1B additional PCF deals in Oct; total deal value now $10B+.
- Reiterated FY2025 outlook: Adj EBITDA $3.2-3.4B, FCF $1.2-1.4B, capex $4.1-4.3B.