Lumen Non-GAAP EPS of -$0.13 misses by $0.09, revenue of $3.27B beats by $20M
- Lumen press release (NYSE:LUMN): Q2 Non-GAAP EPS of -$0.13 misses by $0.09.
- Revenue of $3.27B (-10.7% Y/Y) beats by $20M.
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The Company updated its full-year 2024 financial outlook which is detailed below:
Metric
Current Outlook
Previous Outlook
Adjusted EBITDA
$3.9 to $4.0 billion
$4.1 to $4.3 billion
Free Cash Flow
$1.0 to $1.2 billion
$100 to $300 million
Net Cash Interest
$1.15 to $1.25 billion
$1.25 to $1.35 billion
Capital Expenditures
$3.1 to $3.3 billion
$2.7 to $2.9 billion
Cash Income Taxes/(Refund)
($200) to ($300) million
($200) to ($300) million