CenturyLink Reports First Quarter 2020 Results

 

  • CenturyLink

MONROE, LA — CenturyLink reported total revenue of $5.225 billion for the first quarter 2020, compared to $5.427 billion for the first quarter 2019. Due to the impact of COVID-19 and economic uncertainly, the company withdraws full year 2020 financial outlook for Adjusted EBITDA, Free Cash Flow and Capital Expenditures.

"The COVID-19 pandemic has highlighted both the importance of connectivity to how we live and work in today's economy, and how capable CenturyLink's fiber and IP-based network is in delivering those needs quickly, reliably, and at scale. The relevance and capability of our network, together with our financial strength, positions us well to support our customers and deliver long-term shareholder value," said Jeff Storey, president and CEO of CenturyLink. "I would also like to express how extraordinarily proud I am of our employees' dedication, determination, and resiliency in delivering for our customers and our communities while adapting to a very challenging environment."

For more information on CenturyLink's COVID-19 response, visit: https://news.centurylink.com/covid-19.

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