LUMN Stock Recent News

Lumen (LUMN 11.64%) stock is soaring higher Monday. The telecom company's share price was up 11% as of 3:30 p.m.

Lumen Technologies is undergoing a transformation driven by AI demand, with first-quarter earnings showing a shift from legacy services to AI infrastructure. The company's debt profile improved, refinancing loans to reduce interest expenses by $55 million annually, with most debt maturing in 2029 or later. Positive cash flow and reiterated 2025 guidance, with 2026 EBITDA expected to exceed $3.5 billion, indicate a promising growth trajectory.

LUMN's first-quarter performance has been cushioned by increases in North American Business Grow and Waves revenues. The company reiterates outlook for 2025.

Lumen Technologies, Inc. (NYSE:LUMN ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Jim Breen - SVP, IR Kate Johnson - CEO Chris Stansbury - CFO Conference Call Participants Michael Rollins - Citi Batya Levi - UBS Jim Schneider - Goldman Sachs Nick Del Deo - MoffettNathanson Greg Williams - TD Cowen Frank Louthan - Raymond James Jonathan Chaplin - New Street Research Operator Greetings, and welcome to the Lumen Technologies' First Quarter 2025 Earnings Call. During the presentation, all lines will be in a listen-only mode.

Although the revenue and EPS for Lumen (LUMN) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Lumen (LUMN) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.04 per share a year ago.

Lumen Technologies topped Wall Street estimates for first-quarter revenue on Thursday, driven by strong demand for its connectivity solutions from enterprise customers amid a rapid growth in AI-intensive workloads.

DENVER , May 1, 2025 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the first quarter ended March 31, 2025. Q1 results highlight progress in key priorities; Drive Operational Excellence, Build the Backbone for AI, and Cloudify Telecom Key areas of focus showed strong growth in the quarter, such as North American Business Grow and Waves revenue.

LUMN's first-quarter performance is likely to have been affected by secular headwinds in legacy business. Increasing uptake of PCF solutions bodes well.

Lumen (LUMN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.