Lumen Technologies Inc. ( (LUMN) ) has released its Q1 earnings. Here is a breakdown of the information Lumen Technologies Inc. presented to its investors.
Lumen Technologies, Inc., a prominent player in the telecommunications sector, is dedicated to enhancing digital connectivity through its extensive fiber network and digital platform services. The company has recently reported its financial results for the first quarter of 2025, highlighting significant strides in operational excellence and strategic partnerships.
In the first quarter of 2025, Lumen Technologies reported a net loss of $201 million, a notable decline from a net income of $57 million in the same period the previous year. Despite this, the company achieved an adjusted EBITDA of $929 million, showcasing resilience in its core operations. Key strategic moves included a partnership with Google to enhance fiber access to Google Cloud and a focus on expanding its Network-as-a-Service (NaaS) offerings.
Lumen’s revenue for the quarter stood at $3.182 billion, a slight decrease from $3.290 billion in the first quarter of 2024. The company also reported a free cash flow of $354 million, down from $518 million in the previous year. However, Lumen’s efforts to streamline operations and reduce costs were evident in the reduction of selling, general, and administrative expenses by 18%.
Looking ahead, Lumen Technologies remains committed to its strategic priorities, including operational excellence and network expansion. The management’s outlook for the full year 2025 includes an adjusted EBITDA range of $3.2 to $3.4 billion and free cash flow between $700 and $900 million, indicating a cautious yet optimistic approach to future growth.