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Lumen Technologies | 8-K: Lumen Technologies reports second quarter 2024 results

Lumen Technologies | 8-K: Lumen Technologies reports second quarter 2024 results

Lumen Technologies | 8-K:流明科技公布2024年第二季度业绩
美股SEC公告 ·  08/06 16:13
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On August 6, 2024, Lumen Technologies, Inc. announced its financial results for the second quarter of 2024. The company reported a net loss of $49 million for the quarter, a significant improvement from the net loss of $8.736 billion in the same quarter of the previous year, which included a substantial non-cash goodwill impairment charge. The diluted loss per share was $(0.05), compared to $(8.88) in Q2 2023. Adjusted EBITDA was $1.011 billion, down from $1.229 billion year-over-year. The company generated $511 million in net cash from operating activities but reported negative free cash flow of $(156) million, excluding special items. Lumen highlighted its success in North American enterprise sales, improved customer satisfaction, and a strategic partnership with Microsoft to capitalize on the demand for high-bandwidth infrastructure to support AI ventures. The company also updated its full-year 2024 financial outlook, adjusting its expected Adjusted EBITDA to $3.9 to $4.0 billion and free cash flow to $1.0 to $1.2 billion. The earnings release and a slide presentation were furnished with the SEC filings, and a teleconference was held to discuss the results.
On August 6, 2024, Lumen Technologies, Inc. announced its financial results for the second quarter of 2024. The company reported a net loss of $49 million for the quarter, a significant improvement from the net loss of $8.736 billion in the same quarter of the previous year, which included a substantial non-cash goodwill impairment charge. The diluted loss per share was $(0.05), compared to $(8.88) in Q2 2023. Adjusted EBITDA was $1.011 billion, down from $1.229 billion year-over-year. The company generated $511 million in net cash from operating activities but reported negative free cash flow of $(156) million, excluding special items. Lumen highlighted its success in North American enterprise sales, improved customer satisfaction, and a strategic partnership with Microsoft to capitalize on the demand for high-bandwidth infrastructure to support AI ventures. The company also updated its full-year 2024 financial outlook, adjusting its expected Adjusted EBITDA to $3.9 to $4.0 billion and free cash flow to $1.0 to $1.2 billion. The earnings release and a slide presentation were furnished with the SEC filings, and a teleconference was held to discuss the results.
2024年8月6日,Lumen Technologies, Inc. 公布了2024年第二季度的财务数据。公司报告称,该季度净亏损为4900万美元,相比去年同期的净亏损873.6亿美元(其中包括大量的非现金商誉减值费用)有了显著改善。每股摊薄亏损为(0.05)美元,相比 2023年第二季度的(8.88)美元有所改观。调整后的 EBITDA 为10.11亿美元,同比下降12.29亿美元。公司从营运活动中获得了51100万美元的净现金流,但自由现金流不佳,为(1.56)亿美元,不包括特殊项目。Lumen 强调了其在北美企业销售、客户满意度的提高以及与微软的战略合作以应对对支持人工智能技术的高带宽基础设施的需求等方面的成功。该公司还更新了 2024 全年的财务展望,将预期的调整后 EBITDA 调整为 39亿到 40亿美元和自由现金流为 10亿到 12亿美元。公司的财报和幻灯片演示附在了 SEC 的备案文件中,并举行了电话会议讨论其财务业绩。
2024年8月6日,Lumen Technologies, Inc. 公布了2024年第二季度的财务数据。公司报告称,该季度净亏损为4900万美元,相比去年同期的净亏损873.6亿美元(其中包括大量的非现金商誉减值费用)有了显著改善。每股摊薄亏损为(0.05)美元,相比 2023年第二季度的(8.88)美元有所改观。调整后的 EBITDA 为10.11亿美元,同比下降12.29亿美元。公司从营运活动中获得了51100万美元的净现金流,但自由现金流不佳,为(1.56)亿美元,不包括特殊项目。Lumen 强调了其在北美企业销售、客户满意度的提高以及与微软的战略合作以应对对支持人工智能技术的高带宽基础设施的需求等方面的成功。该公司还更新了 2024 全年的财务展望,将预期的调整后 EBITDA 调整为 39亿到 40亿美元和自由现金流为 10亿到 12亿美元。公司的财报和幻灯片演示附在了 SEC 的备案文件中,并举行了电话会议讨论其财务业绩。
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