MARKET COMPOSITE
LUMN - Lumen Technologies Inc8:00:02 PM 5/17/2024
Price
$1.32
+ 0.01 (0.76%)
Lumen Technologies, Inc., a facilities-based communications company, provides various integrated services under ‘CenturyLink' name to business and residential customers in the United States and internationally. The company operates through five segments: International and Global Accounts Management, Enterprise, Small and Medium Business, Wholesale, and Consumer. It offers IP and data services, including VPN data network, Ethernet, internet protocol (IP), and content delivery services. Lumen Technologies, Inc. also offers transport and infrastructure services comprising high bandwidth optical networks; unlit optical fiber networks, and related professional and management services; private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; colocation and data center services; and consulting services, which include network management, installation and maintenance of data equipment, and building of proprietary fiber-optic broadband networks for government and business customers. In addition, the company provides voice and collaboration services, including primary rate interface service, local inbound service, switched one-plus, toll free, long distance, and international services; and voice over internet protocol services, as well as satellite television services under DIRECTV name. Further, it offers IT and managed service that include network, hosting, public and private cloud, and other IT services, as well as intuitive management tools. Additionally, the company is involved in leasing and subleasing of space. As of December 31, 2019, it served approximately 4.7 million broadband subscribers. The company was formerly knowen as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. Lumen Technologies, Inc. was founded in 1968 and is headquartered in Monroe, Louisiana.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue3.3B-6%
Gross Profit1.6B-
Cost Of Revenue1.7B-5%
Operating Income45MM-103%
Operating Expenses1.6B-
Net Income57MM-103%
G&A823MM-8%
Amortization272MM-11%
Interest Expense291MM+0%
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Stock news

    Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Kate Johnson, Lumen's president and chief executive officer, will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024. The presentation is scheduled to begin at 10:10 a.m. ET.

    In this article, we will take a detailed look at Insider Buying Alert: CEOs Are Buying These 10 Stocks. If you want to skip our detailed analysis and see the top 5 stocks in this list, click Insider Buying Alert: CEOs Are Buying These 5 Stocks. CEOs sitting at the helm of affairs with informational advantage are often tempted […]

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    Lumen Technologies (NYSE: LUMN) today announced it has appointed Chad Ho as executive vice president and chief legal officer. His appointment will begin in June. He succeeds Stacey Goff, whose legacy includes a distinguished 26-year career with Lumen and its predecessors. We anticipate that Mr. Goff will remain with the company for a few weeks after Mr. Ho's appointment to ensure a smooth transition.

    Lumen Technologies, Inc. (NYSE:LUMN) Q1 2024 Earnings Call Transcript April 30, 2024 Lumen Technologies, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings, and welcome to Lumen Technologies First Quarter 2024 Earnings Call. During the presentation, all participants will […]

    Lumen Technologies ( NYSE:LUMN ) First Quarter 2024 Results Key Financial Results Revenue: US$3.29b (down 12% from 1Q...

    Walgreens, Lumen, Truist and Verizon are among the companies with the largest impairments in the past year.

    Lumen's (LUMN) first-quarter performance is affected due to the weakness across both business segments.

    To combat the growing number of cyberattacks targeting business networks, Lumen Technologies (NYSE: LUMN) is unveiling a new threat defense tool driven by Artificial Intelligence (AI)/Machine Learning (ML). Lumen DefenderSM powered by Black Lotus Labs® is a patented product that proactively blocks evolving threats at the network edge, before they can compromise a business's network perimeter. Black Lotus Labs, Lumen's threat research team, leverages its unique visibility into Lumen's global inte

    Q1 2024 Lumen Technologies Inc Earnings Call