Lumen(US:LUMN)2025-05-01 20:10Financial 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]