• Reported GAAP EPS of -$0.20 • Reported revenue of $2.9B down -8.89% YoY • Lumen Technologies projects capital expenditures of $3.2 to $3.4 billion for network modernization and fiber expansion over the next 12 months. The company also expects to pay $181 million in post-retirement benefits in 2026.
Bullish
Lumen Technologies' strategic revenue grew from dark fiber and IP services, supported by significant debt reduction and a planned acquisition of Alkira, Inc. to enhance its network and service offerings.
Bearish
Lumen Technologies faces declining legacy revenue and subscriber losses post-divestiture, coupled with ongoing geopolitical instability and supply constraints impacting network expansion efforts.