Lumen Tech

Q3 FY2026 EarningsQ3 FY26 delivered mixed results with a slight revenue miss but a significant beat on adjusted earnings. Revenue of $2.715B narrowingly missed the $2.731B consensus (-0.6%), while Normalized EPS of ($0.14) was substantially better than the ($0.24) expected. Strategic revenue growth of 10% YoY was a primary highlight, now representing 55% of North America Business sales. Despite a large miss in operating cash flow ($518M vs. $1.177B expected), management reiterated full-year 2026 guidance, signaling confidence in the ongoing AI-driven infrastructure demand and cost transformation.