Lumen Technologies, Inc. (LUMN)
Market Cap | 4.73B |
Revenue (ttm) | 13.11B |
Net Income (ttm) | -55.00M |
Shares Out | 1.01B |
EPS (ttm) | -0.06 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 13,106,430 |
Open | 4.860 |
Previous Close | 4.690 |
Day's Range | 4.660 - 5.050 |
52-Week Range | 0.970 - 10.330 |
Beta | 1.27 |
Analysts | Hold |
Price Target | 5.04 (+8.16%) |
Earnings Date | Feb 4, 2025 |
About LUMN
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers dark fiber, edge cloud services, internet protocol, managed security, software-defined wide area networks, secure access service edge, unified communications and collaboration, and optical wavelengths services; ethernet and VPN data networks services; and legac... [Read more]
Financial Performance
In 2024, Lumen Technologies's revenue was $13.11 billion, a decrease of -9.95% compared to the previous year's $14.56 billion. Losses were -$55.00 million, -99.47% less than in 2023.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for LUMN stock is "Hold." The 12-month stock price forecast is $5.04, which is an increase of 8.16% from the latest price.
News
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Top 3 Tech & Telecom Stocks That Could Lead To Your Biggest Gains This Quarter
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
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Lumen Technologies to Attend Investor Conferences
DENVER , Feb. 6, 2025 /PRNewswire/ -- Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will attend the following investor conferences: JP Morga...
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Lumen Technologies Q4 Earnings Review: Long-Term Growth Reaffirmed
Lumen Technologies exceeded Q4 earnings and revenue expectations. The company is positioned to disrupt the industry by "cloudifying telecom" and supporting the AI economy. Short-term challenges are ex...
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Lumen Technologies, Inc. (LUMN) Q4 2024 Earnings Call Transcript
Lumen Technologies, Inc. (NYSE:LUMN) Q4 2024 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - Chief Execu...
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Lumen beats quarterly revenue estimates on data center demand
Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom.
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Lumen Technologies reports fourth quarter and full year 2024 results
DENVER , Feb. 4, 2025 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the fourth quarter ended December 31, 2024. Drove solid sales growth across enterprise in the fourth qu...
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Lumen Technologies: The Turnaround Goes On Well
Lumen Technologies' new management's AI-focused strategy and turnaround plan show promise, with a potential 70% upside, making LUMN a BUY. The company has faced significant financial losses due to pre...
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Lumen Technologies announces Q4 earnings release date
DENVER , Jan. 14, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world's digital potential, will publish its fourth-quarter fin...
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Lumen Technologies launches sale of consumer fiber unit, sources say
Lumen Technologies has kicked off a process to sell its consumer fiber operations, as the telecommunications company looks to phase out its legacy mass markets business and reduce its sizable debt pil...
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Lumen Partners with Prometheus Hyperscale to Enhance Connectivity for Sustainable AI-Driven Data Centers
Lumen ® Private Connectivity Fabric℠ will expand Prometheus' network capacity across its growing data center footprint DENVER , Dec. 17, 2024 /PRNewswire/ -- Prometheus Hyperscale has chosen Lumen Tec...
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Lumen Technologies: Building The AI Backbone
Lumen Technologies is executing a successful transformation, focusing on AI exposure and partnerships with tech giants. The Q3 earnings release catalyzed a mid-November rally, highlighting Lumen's $8 ...
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Lumen Technologies, Inc. (LUMN) Bank of America Securities 2024 Leveraged Finance Conference (Transcript)
Lumen Technologies, Inc. (NYSE:LUMN) Bank of America Securities 2024 Leveraged Finance Conference Call December 3, 2024 10:10 AM ET Company Participants Chris Stansbury - Executive Vice President & C...
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Lumen Announces Expiration and Results of Any and All Cash Tender Offers for Unsecured 2028 Notes of Lumen and Level 3
DENVER , Nov. 26, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) (the "Company" or "Lumen") announced today the expiration and results of the cash tender offers (the "Amended Offers") of L...
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Lumen Announces (1) Expiration and Results of Certain Previously-Announced Cash Tender Offers of Lumen and Level 3 and (2) Amendments to the Remaining Previously-Announced Cash Tender Offers to Increase the Tender Consideration and Extend the Expiration Time
Results are set forth below for (i) Lumen's tender offers for its unsecured senior notes maturing in 2025, 2026 and 2027 and (ii) Level 3's tender offers for its unsecured senior notes maturing in 202...
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Lumen Technologies to Present at BofA 2024 Leveraged Finance Conference
DENVER , Nov. 13, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Chri...
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Lumen Announces Any and All Cash Tender Offers for Unsecured Notes of Lumen and Level 3
DENVER , Nov. 12, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) (the "Company" or "Lumen") and its indirect, wholly-owned subsidiary Level 3 Financing, Inc. ("Level 3") have commenced cas...
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North America Implantable Ports Market Outlook to 2033, with Focus on Single Lumen Implantable Ports and Double Lumen Implantable Ports
Dublin, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The "North America Implantable Ports Market Outlook to 2033 - Single Lumen Implantable Ports and Double Lumen Implantable Ports" report has been added to Rese...
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Why Lumen Technologies Gained 18% After Q3 2024 Report
Lumen Technologies' Q3 results showed a revenue decline but a significant increase in free cash flow, driven by strong private connectivity fabric (PCF) sales. The stock rallied 18% post-earnings, wit...
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Lumen Technologies, Inc. (LUMN) Q3 2024 Earnings Call Transcript
Lumen Technologies, Inc. (NYSE:LUMN) Q3 2024 Earnings Conference Call November 5, 2024 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - President a...
Lumen CEO on tech partnerships, Google Cloud deal and future of AI
Kate Johnson, Lumen CEO, joins 'Closing Bell: Overtime' to discuss the company's tech partnerships, Google Cloud deal and AI.
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Lumen reveals latest numbers around AI deals, and its stock jumps further
Lumen's CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”
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Lumen raises annual cash flow forecast on AI deals, legacy business weighs on results
Fibre-optic cable provider Lumen Technologies raised its annual free cash flow forecast on Tuesday thanks to AI deals with large cloud companies, even as weakness in its legacy business was a drag on ...
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Lumen Technologies reports third quarter 2024 results
DENVER , Nov. 5, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the third quarter ended September 30, 2024. Big Tech is Choosing Lumen to Build the Backbone for the AI...
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Lumen Technologies Partners with Google Cloud to Drive AI Innovation and Accelerate Digital Transformation
Google Cloud underpins Lumen® Digital Twin technology, providing proactive insights across the Lumen network Google Cloud's Vertex AI platform enables new AI-powered applications to assist Lumen techn...