Lumen Technologies reports second quarter 2022 results

Lumen Technologies, Inc. reported results for the second quarter ended June 30, 2022.

“We improved our revenue trajectory and accelerated the number of Quantum Fiber locations enabled in the second quarter. 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 announced our new Business segment product categories, which further sharpens our focus as we position Lumen to generate profitable revenue growth.”

Total Revenue was $4.612 billion for the second quarter 2022, compared to $4.924 billion1 for the second quarter 2021.

CT Bureau