Lumen Technologies Inc. ( (LUMN) ) has released its Q2 earnings. Here is a breakdown of the information Lumen Technologies Inc. presented to its investors.
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Lumen Technologies, Inc. is a telecommunications company that provides networking services, data transport, and digital solutions, focusing on connecting people, data, and applications securely and efficiently. In the second quarter of 2025, Lumen Technologies reported strong revenue and adjusted EBITDA despite a significant one-time revenue giveback related to the FCC’s Rural Digital Opportunity Fund. A notable highlight was the announcement of an agreement to sell its consumer fiber business to AT&T for $5.75 billion, which will allow Lumen to focus more on its enterprise segment and enhance financial flexibility. The company also completed a $2 billion bond offering, extending maturities to 2033 and reducing annual interest expenses by approximately $50 million. Key financial metrics for the quarter included a net loss of $915 million, impacted by a $628 million non-cash goodwill impairment charge, and adjusted EBITDA of $877 million. Despite a decrease in total revenue to $3.092 billion from $3.268 billion in the same quarter of the previous year, Lumen reported an increase in net cash provided by operating activities to $570 million. Looking ahead, Lumen Technologies’ management remains optimistic about future growth, emphasizing the company’s transformation strategy and modernization efforts, which are expected to position it at the high end of its full-year adjusted EBITDA guidance.