Lumen Technologies Inc (NYSE:LUMN) reported better-than-expected financial results for the fourth quarter Tuesday after the bell. Here’s a rundown of the report.
Lumen said net cash from operations totaled $688 million in the fourth quarter, while free cash flow came in at negative $174 million. The company ended the quarter with $1.89 billion in cash and cash equivalents.
“We made material progress strengthening our financial position, transforming our corporate functions, and building the backbone for the AI economy,” said Kate Johnson, president and CEO of Lumen.
“This upcoming year, we will continue to drive operational excellence at Lumen, disrupt the industry by cloudifying telecom, and deliver connectivity to hyperscalers and enterprises as their demand for data grows in the era of AI.”
See Also: Enphase Energy Stock Rallies After Strong Q4 Results, Q1 Guidance Above Estimates
Outlook: Lumen expects full-year 2025 adjusted EBITDA to be in the range of $3.2 billion to $3.4 billion, versus $3.94 billion in full-year 2024. The company expects to generate free cash flow of $700 million to $900 million in 2025.
Management is currently discussing the quarter on a conference call that kicked off at 5 p.m. ET.
LUMN Price Action: Lumen shares were up 9.52% after hours, trading at $5.52 at the time of publication Tuesday, according to Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.