Lumen reports Q4 EPS ex-items 23c vs 9c last year

Reports Q4 revenue $3.041B, consensus $3.04B. “The combination of a solid fourth quarter and the close of the AT&T transaction marks a defining moment for Lumen (LUMN) and strengthens our foundation for growth,” said Lumen CEO Kate Johnson. “We’re emerging as a simpler, more focused enterprise company with a stronger balance sheet and greater flexibility to invest in our strategy to modernize the physical network, scale our digital platform, and help customers move data quickly, securely, and effortlessly to thrive in the AI era. This is how we create value for our customers and shareholders.”