Lumen Q1 Loss Narrower Than Expected, Revenues Fall Y/Y

Lumen Technologies, Inc. (LUMN) reported first quarter of 2025 adjusted loss (excluding special items) of 13 cents per share, which was significantly narrower than the Zacks Consensus Estimate of a loss of 29 cents. The company reported adjusted loss per share of 4 cents in the prior-year quarter.Quarterly total revenues were $3.182 billion, down 3.3% year over year. However, the metric beat the Zacks Consensus Estimate by 2.7%. Higher revenues from North American Grow Business (up 9.9% year over year) and ...