Lumen Technologies Q1 Earnings: Mixed Results, Stock Pops

Lumen Technologies reported Q1 CY2026 earnings, surpassing revenue expectations with $2.9B sales, despite an 8.9% year-over-year decline. They exceeded adjusted EBITDA estimates at $1.28B, demonstrating strong cost management. However, adjusted EPS missed forecasts by a wide margin, posting a loss of $0.47. Operating and free cash flow margins improved significantly. The company, with 350K miles of fiber optic cable, faces long-term revenue declines, particularly in the large enterprise segment. Full-year EBITDA guidance matches analyst expectations, and the stock rose 2.1% post-earnings. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/64de1ab8181837f4