Financial Performance - Q1 2025 - Total revenue was $3182 million, a decrease of 33% year-over-year[27] - Adjusted EBITDA was $929 million, a decrease of 49% year-over-year, with an adjusted EBITDA margin of 292%, down 50 basis points[34] - Free cash flow was $354 million[36] Revenue Breakdown - N A Enterprise revenue totaled $1733 million, a decrease of 17% year-over-year[27] - Within N A Enterprise, "Grow" products contributed $834 million, an increase of 99% year-over-year, representing 48% of N A Enterprise revenue[27] - Mass Markets revenue was $658 million, a decrease of 59% year-over-year[27] - Fiber Broadband revenue within Mass Markets was $209 million, an increase of 229% year-over-year, representing 32% of total Mass Markets revenue[29] Mass Markets & Fiber - Fiber-enabled locations reached 43 million, with 112 million subscribers[32] - The company added 39K net fiber subscribers in Q1 2025[32] - Fiber Broadband ARPU (Average Revenue Per User) was approximately $64[33] Strategic Initiatives & Future Outlook - The company is focused on building the backbone for the AI economy, driving operational excellence, and simplifying its network and systems[8] - The company is driving Lumen Digital platform adoption and launching new multi-cloud capabilities to drive revenue growth[9] - The company is transforming from traditional telecom to 'Cloudified' Telecom[17] - The company reiterated its 2025 financial outlook, including adjusted EBITDA of $32 to $34 billion and free cash flow of $700 to $900 million[37]

Core Insights - Lumen Technologies reported a net loss of $201 million for Q1 2025, a significant decline from a net income of $57 million in Q1 2024, reflecting ongoing challenges in the business environment [5][11][23] - Total revenue for Q1 2025 was $3.182 billion, down 3.3% from $3.290 billion in Q1 2024, indicating a continued revenue decline across various segments [11][23] - The company emphasized its focus on operational excellence and innovation, particularly through its Lumen Digital platform and partnerships, such as the one with Google for direct fiber access to Google Cloud [3][5] Financial Performance - Large Enterprise revenue decreased by 4% year-over-year to $737 million, while Mid-Market Enterprise revenue fell by 11% to $513 million [4][9] - Public Sector revenue increased by 15% to $483 million, showcasing growth in this segment [4][9] - Adjusted EBITDA for Q1 2025 was $929 million, down from $977 million in Q1 2024, with an adjusted EBITDA margin of 29.2% [5][6][9] Cash Flow and Liquidity - Net cash provided by operating activities was $1.095 billion, slightly down from $1.102 billion in Q1 2024 [12][26] - Free Cash Flow, excluding special items, was $354 million, a decrease from $518 million in Q1 2024 [12][44] - As of March 31, 2025, Lumen had cash and cash equivalents of $1.9 billion, reflecting a stable liquidity position [13][24] Strategic Initiatives - The company is focused on building a stronger balance sheet, highlighted by recent term loan refinancing [5] - Lumen is investing in its network capacity and utilization to support growth, particularly in AI and cloud services [3][5] - The adoption of Network as a Service (NaaS) ports and services is growing, indicating a shift towards a consumption-based model [5] 2025 Financial Outlook - Lumen reiterated its full-year 2025 financial outlook, projecting adjusted EBITDA between $3.2 billion and $3.4 billion and free cash flow between $700 million and $900 million [14][15]

Lumen Technologies, Inc. (LUMN) will report its first-quarter 2025 results on May 1, after the market opens. The Zacks Consensus Estimate for the bottom line in the to-be-reported quarter is pegged at a loss of 25 cents, compared with a loss of 4 cents reported in the prior year quarter. The estimate has been unchanged in the past 60 days. The consensus estimate for total revenues is pinned at $3.1 billion, implying a 5.8% year-over-year decline. LUMN beat the Zacks Consensus Estimate for earnings in the la ...

Lumen (LUMN) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a cha ...

Lumen Technologies, Inc. (LUMN) and Cogent Communications Holdings, Inc. (CCOI) are both primarily enterprise-focused fiber network providers that deliver high-capacity, long-haul fiber networks powering everything from cloud services and streaming to AI data transfer and enterprise connectivity.Higher demand for bandwidth-intensive applications stemming from AI workloads and cloud infrastructure is providing ample business scope for these two players as they try to make the most of the next wave of digital ...

Lumen Defender Plus, powered by Black Lotus Labs intelligence, stops threats before they reach business networks – delivering measurable results for companies like Apex DataCom DENVER, April 22, 2025 /PRNewswire/ -- The need for smarter, faster, and more automated defenses has never been greater. In 2024, 86% of enterprises reported a year-over-year increase in cyber threats. Lumen Technologies (NYSE: LUMN) today announced it is putting the strength of its global threat intelligence that safeguards its own ...

DENVER, April 17, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), the trusted network for AI, will publish its first-quarter financial results following market close on May 1, 2025. A live broadcast of the earnings conference call will be available on the company's Investor Relations page at 5 p.m. ET. Additional information regarding the first quarter 2025 results, including the company's earnings release, investor presentation, and related materials, will be available on Lumen's Investor Relations w ...

Lumen Technologies, Inc. (LUMN) has announced a partnership with Google Cloud at the Next 25 event. This collaboration is aimed at addressing the rising demands of enterprise customers amid the rapid expansion of artificial intelligence (AI) workloads across industries. Together, Lumen and Google Cloud will deliver cutting-edge cloud and network solutions that offer the scalability, security and performance required for AI-driven digital transformation.This strategic alliance underscores both companies’ com ...

Lumen Technologies, Inc.’s (LUMN) shares have tanked 34.1% in the past month, much wider than the S&P 500 composite and the Technology Services industry’s declines of 9.9% and 9.7%, respectively.Price PerformanceImage Source: Zacks Investment ResearchThe indices have been affected by the escalating tariff and trade tensions between the United States and other countries, especially China. Expectations of supply chain disruptions and associated inflationary pressure and a possible global recession are keeping ...

DENVER, April 9, 2025 /PRNewswire/ -- As the trusted network for AI, Lumen Technologies (NYSE: LUMN) today announced at Next 25 that it is partnering with Google Cloud to deliver advanced cloud and network solutions that meet the rising demands of enterprise customers—particularly amid the rapid growth of AI workloads across industries.The partnership centers on three key initiatives that will deliver the scalable, secure, and high-performance connectivity enterprises need to power their AI-driven transform ...