2023-08-01 16:04:05 ET
- Lumen Technologies press release ( NYSE: LUMN ): Q2 Non-GAAP EPS of $0.10 beats by $0.02 .
- Revenue of $3.66B (-20.6% Y/Y) in-line.
- Generated Adjusted EBITDA of $1.229 billion 1 for the second quarter 2023, compared to $1.811 billion 1 for the second quarter 2022, excluding the effects of Special Items of $102 million and $47 million, respectively.
- 2023 Outlook: Adjusted EBITDA $4.6 to $4.8 billion; Free Cash Flow $0 to $200 million; Net Cash Interest $1.1 to $1.2 billion; Capital Expenditures $2.9 to $3.1 billion.
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Lumen Technologies Non-GAAP EPS of $0.10 beats by $0.02, revenue of $3.66B in-line