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Dec 31, 2024
Lumen Q4 2024 Earnings Report
Reported an increase in net income and progress in financial strengthening and strategic development.
Key Takeaways
Lumen Technologies reported a net income of $85 million for Q4 2024, a significant improvement compared to the net loss of $(1.995) billion in Q4 2023. The company focused on strengthening its financial position, transforming corporate functions, and building infrastructure for the AI economy.
Reported Net Income of $85 million for the fourth quarter 2024, compared to reported Net Loss of $(1.995) billion for the fourth quarter 2023.
Reported diluted earnings per share of $0.09 for the fourth quarter 2024, compared to diluted loss per share of $(2.03) for the fourth quarter 2023.
Generated Adjusted EBITDA of $1.052 billion for the fourth quarter 2024, compared to $1.099 billion for the fourth quarter 2023, excluding the effects of Special Items of $132 million and $211 million, respectively.
Reported Net Cash Provided by Operating Activities of $688 million for the fourth quarter 2024.
Revenue by Segment
Forward Guidance
Lumen updated its full-year 2025 financial outlook.
Positive Outlook
- Adjusted EBITDA is expected to be $3.2 to $3.4 billion.
- Free Cash Flow is expected to be $700 to $900 million.
- Net Cash Interest is expected to be $1.2 to $1.3 billion.
- Capital Expenditures are expected to be $4.1 to $4.3 billion.
- Cash Income Taxes are expected to be $100 to $200 million.
Challenges Ahead
- The financial outlook excludes the effects of Special Items.
- The financial outlook excludes future changes in operating or capital allocation plans.
- The financial outlook excludes unforeseen changes in regulation, laws or litigation.
- The financial outlook excludes unforeseen events or circumstances impacting financial performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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