- Revenue: $3.33B, -5% YoY
- Net Income: $85M vs -$1.995B in Q4 2023
- EPS: $0.09 vs -$2.03 in Q4 2023
- Adjusted EBITDA: $1.052B, -4% YoY
CEO Kate Johnson: "We made material progress strengthening our financial position, transforming our corporate functions, and building the backbone for the AI economy. This upcoming year, we will continue to drive operational excellence at Lumen, disrupt the industry by cloudifying telecom, and deliver connectivity to hyperscalers and enterprises as their demand for data grows in the era of AI."
🌱Revenue & Growth
- North America Enterprise Channels: $1.85B, -2% YoY
- Wholesale: $716M, -5% YoY
- Mass Markets: $670M, -6% YoY
- International & Other: $92M, -43% YoY
💰Profits & Financials
- Free Cash Flow: -$174M vs $50M in Q4 2023
- Operating Income: $154M vs -$1.776B in Q4 2023
- Adjusted EBITDA Margin: 31.6% vs 31.2% in Q4 2023
- Cash and cash equivalents: $1.89B
📌Business Highlights
- Strengthened balance sheet and improved liquidity position
- Drove solid sales growth across enterprise segments
- Continued progress building AI backbone and cloudifying telecom
🔮Future Outlook
- FY2025 Adjusted EBITDA: $3.2B-$3.4B
- FY2025 Free Cash Flow: $700M-$900M
- FY2025 Capital Expenditures: $4.1B-$4.3B
- Net Cash Interest: $1.2B-$1.3B