Lumen reports Q2 ex-items EPS (3c), consensus (27c)

Reports Q2 revenue $3.092B, consensus $3.11B. “Our second quarter results underscore the momentum of our transformation strategy and the discipline of our execution,” said Kate Johnson, President and CEO of Lumen (LUMN) Technologies. “We are delivering on our financial milestones and building a stronger, more modern company. With the sale of our consumer fiber business, successful debt refinancing, and continued modernization gains, we’re laying our foundation for future revenue growth – we are playing to win.”