LUMN Stock Recent News

DENVER--(BUSINESS WIRE)--Lumen Technologies agreed to sell $2.00 billion of First Lien Notes due 2034, a $750 million increase from previously announced size of the offering.

Lumen's Q2 results showed ongoing revenue declines, but significant cost reductions and debt restructuring signal improving fundamentals. The AT&T fiber sale will reduce annual interest and capex by ~$300M and $1B, respectively, supporting free cash flow and debt reduction. Shares trade at a reasonable valuation given ongoing revenue struggles, but the turnaround story is progressing nicely so far.

DENVER--(BUSINESS WIRE)--Lumen Technologies plans to raise $1.25B through a private offering of First Lien Notes due 2034 to help refinance $1.075B of existing debt due 2029.

Shares of network giant Lumen Technologies (LUMN -18.76%) plunged 19.4% on Friday as of 12:10 p.m. ET.

Lumen Technologies, Inc. is a turnaround story that markets overlook, as it focuses on balance sheet health, EBITDA growth, and returning to revenue growth driven by AI infrastructure investments. Despite a Q2 loss and revenue decline, Lumen raised its free cash flow outlook and continues executing on major contracts, including an $8.5 billion private connectivity fiber deal. Debt remains a manageable risk, with recent refinancing reducing interest expenses and extending maturities, supporting the company's transformation efforts.

LUMN posts narrower-than-expected loss in the second quarter, lifts 2025 free cash flow outlook and has now about $9 billion in AI-fueled fiber deals.

Lumen Technologies, Inc. (NYSE:LUMN ) Q2 2025 Earnings Conference Call July 1, 2025 5:00 PM ET Company Participants Christopher David Stansbury - Executive VP & CFO Jim Breen - Corporate Participant Kathleen E. Johnson - President & CEO Conference Call Participants Batya Levi - UBS Investment Bank, Research Division Eric Thomas Luebchow - Wells Fargo Securities, LLC, Research Division Frank Garrett Louthan - Raymond James & Associates, Inc., Research Division Gregory Bradford Williams - TD Cowen, Research Division Michael Ian Rollins - Citigroup Inc., Research Division Nicholas Ralph Del Deo - MoffettNathanson LLC Sebastiano Carmine Petti - JPMorgan Chase & Co, Research Division Operator Ladies and gentlemen, greetings, and welcome to Lumen Technologies Second Quarter 2025 Earnings Call.

Lumen (LUMN) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to a loss of $0.13 per share a year ago.

Lumen Technologies on Thursday reported a smaller-than-expected second-quarter loss and raised its full-year free cash flow forecast by more than 60%, helped by cost savings from President Trump's tax cut legislation.

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (NYSE: LUMN) reported results for the second quarter ended June 30, 2025. Outperformance on Key Metrics: Strong revenue and Adjusted EBITDA despite approximately $46 million in one-time revenue givebacks associated with the FCC's Rural Digital Opportunity Fund. AT&T Consumer Fiber Transaction: Announced an agreement to sell Lumen's consumer fiber business to AT&T for $5.75 billion, sharpening the company's enterprise focus and unlocking.