Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States. Learn more about the Lumen network, edge cloud, security, communication and collaboration solutions and our purpose to further human progress through technology at, LinkedIn: /lumentechnologies, Twitter: Facebook: /lumentechnologies, Instagram: and YouTube: /lumentechnologies. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.
(NYSE: LUMN) is guided by our belief that humanity is at its best when technology advances the way we live and work. ET.Ībout Lumen Technologies and the People of Lumen: A webcast replay of the call will also be available on our website beginning at 7:00 p.m.
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Domestic) or +1 40 (International), reservation code 22019603. The replay can be accessed by dialing +1 80 (U.S. Weighted Average Shares Outstanding (in millions) - DilutedĪ telephone replay of the call will be available beginning at 8:00 p.m. Net Income per Common Share - Diluted, Excluding Special Items
Unlevered Cash Flow, Excluding Cash Special Itemsįree Cash Flow, Excluding Cash Special Items Net Cash Provided by Operating Activities Selling, General and Administrative ExpensesĪdjusted EBITDA Margin, Excluding Special Items Total Revenue was $4.612 billion for the second quarter 2022, compared to $4.924 billion 1 for the second quarter 2021. "We announced our new Business segment product categories, which further sharpens our focus as we position Lumen to generate profitable revenue growth." In addition, we closed the divestiture of our Latin America business on August 1 and expect to close the divestiture of our 20-state ILEC business early in the fourth quarter of this year," said Jeff Storey, president and CEO of Lumen. "We improved our revenue trajectory and accelerated the number of Quantum Fiber locations enabled in the second quarter. (NYSE: LUMN) reported results for the second quarter ended June 30, 2022. 3, 2022 /PRNewswire/ - Lumen Technologies, Inc. Completed the $2.7 billion divestiture of its Latin American business to Stonepeak on August 1ĭENVER, Aug.Reiterated full-year 2022 financial outlook measures.
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Generated Free Cash Flow of $668 million for the second quarter 2022, compared to $1.044 billion for the second quarter 2021, excluding cash paid for Special Items of $33 million and $51 million, respectively.Reported Net Cash Provided by Operating Activities of $1.396 billion for the second quarter 2022.Generated Adjusted EBITDA of $1.811 billion for the second quarter 2022, compared to $2.109 billion 1 for the second quarter 2021, excluding Special Items of $47 million and $20 million, respectively.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 2021 Diluted EPS of $0.34 for the second quarter 2022, compared to $0.46 per share for the second quarter 2021.Reported Net Income of $344 million for the second quarter 2022, compared to reported Net Income of $506 million for the second quarter 2021.