Lumen Technologies, Inc.
For the period ended Mar 31, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 1, 2025
LUMN$4.71+9.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations (Unaudited)
CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (Dollars in millions, except per share amounts, and shares in thousands) | ||
| OPERATING REVENUE | $3,182 | 3,290 |
| OPERATING EXPENSES | ||
| Cost of services and products (exclusive of depreciation and amortization) | 1,687 | 1,652 |
| Selling, general and administrative | 675 | 823 |
| Net loss on sale of business | — | 22 |
| Depreciation and amortization | 713 | 748 |
| Total operating expenses | 3,075 | 3,245 |
| OPERATING INCOME | 107 | 45 |
| OTHER (EXPENSE) INCOME | ||
| Interest expense | (347) | (291) |
| Net (loss) gain on early retirement of debt (Note 4) | (35) | 275 |
| Other income, net | 30 | 73 |
| Total other (expense) income, net | (352) | 57 |
| (LOSS) INCOME BEFORE INCOME TAXES | (245) | 102 |
| Income tax (benefit) expense | (44) | 45 |
| NET (LOSS) INCOME | $(201) | 57 |
| BASIC AND DILUTED (LOSS) EARNINGS PER COMMON SHARE | ||
| BASIC | $(0.20) | 0.06 |
| DILUTED | $(0.20) | 0.06 |
| WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING | ||
| BASIC | 991,269 | 984,855 |
| DILUTED | 991,269 | 986,262 |
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