Lumen Technologies (LUMN) Misses Q2 EPS by 11c, Revenues Beat; Reiterates Outlook

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Go back to Lumen Technologies (LUMN) Misses Q2 EPS by 11c, Revenues Beat; Reiterates Outlook

Lumen Technologies reports second quarter 2022 results

August 3, 2022 4:15 PM EDT

Second Quarter 2022 Highlights

Reported Net Income of $344 million for the second quarter 2022, compared to reported Net Income of $506 million for the second quarter 2021Diluted EPS of $0.34 for the second quarter 2022, compared to $0.46 per share for the second quarter 2021. Excluding Special Items, Diluted EPS of $0.35 per share for the second quarter 2022, compared to $0.48 per share for the second quarter 2021Generated Adjusted EBITDA of $1.811 billion for the second quarter 2022, compared to $2.109 billion1 for the second quarter 2021, excluding Special Items of $47 million and $20 million, respectivelyReported Net Cash Provided by Operating Activities... More