Lumen Technologies (LUMN) Tops Q1 EPS by 18c

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Go back to Lumen Technologies (LUMN) Tops Q1 EPS by 18c

Lumen Technologies reports first quarter 2022 results

May 4, 2022 4:15 PM EDT

First Quarter 2022 Highlights

- Reported Net Income of $599 million for the first quarter 2022, compared to reported Net Income of $475 million for the first quarter 2021

- Diluted EPS of $0.59 for the first quarter 2022, compared to $0.44 per share for the first quarter 2021. Excluding Special Items, Diluted EPS of $0.63 per share for the first quarter 2022, compared to $0.44 per share for the first quarter 2021

- Generated Adjusted EBITDA of $1.966 billion(1) for the first quarter 2022, compared to $2.165 billion for the first quarter 2021, excluding Special Items of $52 million and $8 million, respectively

- Reported Net Cash Provided by... More