-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下：Lumen Technologies公佈了2026財年第一季業績，總營收下降至28.99億美元（年減9%），稀釋後每股虧損0.20美元，與上年同期持平；但若不計特殊項目，虧損則從0.13美元擴大至0.47美元。本季業績創歷史新高，策略業務收入達12.46億美元（年增9%），佔業務收入的51%，首次正式超過傳統業務收入11.98億美元（年減14%）。這驗證了公司轉型策略的有效性，強勁的網路即服務（NaaS）業務較上季成長25%，服務銷售額較上季成長32%。管理層完成了大眾市場業務的剝離，獲利49.77億美元，並宣布收購Alkira以加速數位轉型。該公司將2026年自由現金流預期從12億至14億美元上調至19億至21億美元，主要得益於資產剝離所得收益。我們預計，隨著策略收入佔據主導地位，業務收入將在2028年轉為成長，我們將關注網路即服務（NaaS）的採用指標，以此作為數位轉型進展的領先指標。
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