1. Lumen reported Q1 2025 revenue of $3.182 billion, down from Q1 2024. 2. Operating income increased 138% despite a net loss of $201 million. 3. Adjusted EBITDA reached $830 million, reflecting operational focus and efficiency. 4. Free cash flow decreased to $304 million from $389 million year-over-year. 5. Lumen's 2025 outlook targets adjusted EBITDA between $3.2 and $3.4 billion.
Despite operational improvements, revenue decline and net losses indicate challenges. Historical precedents show similar situations often lead stocks to underperform.
The earnings announcement directly discusses financial health and profitability, key indicators for stock performance.
The immediate market reaction will likely respond to the recent earnings report. Investors will be keenly assessing operational sustainability in the upcoming quarters.
Lumen Technologies, Inc. (NYSE: LUMN) reported results for the first quarter ended March 31, 2025.
"The team's focus on operational excellence delivered better than expected financial results this quarter," said Kate Johnson, president and CEO of Lumen. "We continue to expand our network capacity and utilization and create a growth engine with our Lumen Digital platform. As we transform, we will drive more innovation on top of our world-renowned fiber network, delivering greater value for our enterprise customers, shareholders, and employees."
___________________________________
| Metric, as reported | First Quarter | 2025 | 2024 |
|---|---|---|---|
| Large Enterprise | $737 | 765 | |
| Mid-Market Enterprise | 513 | 577 | |
| Public Sector | 483 | 421 | |
| Total Revenue | $3,182 | 3,290 |
As previously reported, on March 27, 2025 our affiliate Level 3 Financing, Inc. refinanced its $2.4 billion of term loan debt at lower rates and with an extended maturity.
The Company reiterated its full-year 2025 financial outlook:
Lumen's management team will host a conference call at 5:00 p.m. ET today, May 1, 2025. The conference call will be streamed live over the Lumen website at ir.lumen.com.
Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly.
Except for historical and factual information, the matters set forth in this release and other of our oral or written statements are forward-looking statements as defined by the federal securities laws.
This release includes certain historical and forward-looking non-GAAP financial measures.