Lumen Technologies, Inc. (LUMN)
|Net Income (ttm)||-942.00M|
|Ex-Dividend Date||Aug 27, 2021|
|Day's Range||12.70 - 13.02|
|52-Week Range||8.04 - 15.68|
|Price Target||11.56 (-10.6%)|
|Est. Earnings Date||Nov 3, 2021|
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated services and solutions 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. The company also offers transport... [Read more...]
In 2020, LUMN's revenue was $20.71 billion, a decrease of -3.48% compared to the previous year's $21.46 billion. Losses were -$1.23 billion, -76.62% less than in 2019.Financial Statements
According to 14 analysts, the average rating for LUMN stock is "Hold." The 12-month stock price forecast is 11.56, which is a decrease of -10.60% from the latest price.
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Theory confirmed: Lumen Black Lotus Labs discovers Linux executable files have been deployed as stealth Windows loaders
DENVER, Sept. 16, 2021 /PRNewswire/ -- Black Lotus Labs, the threat intelligence arm of Lumen Technologies (NYSE: LUMN), has proven what was previously just a theory: threat actors can use a Linux binar...
DENVER, Sept. 14, 2021 /PRNewswire/ -- Jeff Storey, president and chief executive officer at Lumen Technologies (NYSE: LUMN), will present at the Goldman Sachs 30th Annual Communacopia Conference on Sept.
Big yields might translate into big problems.
Lumen Technologies to Present at the Bank of America Media, Communications & Entertainment Conference
DENVER, Sept. 8, 2021 /PRNewswire/ -- Shaun Andrews, executive vice president and chief marketing officer at Lumen Technologies (NYSE: LUMN), will present at the Bank of America 2021 Media, Communicatio...
DENVER, Aug. 19, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced that its Board of Directors voted to declare a regular quarterly cash dividend of 25 cents per share. The dividend i...
DENVER, Aug. 19, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) has introduced Lumen Edge Private Cloud, providing pre-built infrastructure for high performance private computing connected to a gl...
Could a dividend cut actually help this telecom's lagging stock price?
DENVER, Aug. 17, 2021 /PRNewswire/ -- The second quarter of 2021 was particularly active for cybercriminals, and many high-profile events dominated the headlines. To help businesses, government, clients...
DENVER, Aug. 11, 2021 /PRNewswire/ -- Black Lotus Labs, the threat intelligence arm of Lumen Technologies (NYSE: LUMN), today announced that ReverseRat – the remote access trojan it discovered just six ...
DENVER, Aug. 9, 2021 /PRNewswire/ -- Maxine Moreau, President of Mass Markets at Lumen Technologies (NYSE: LUMN), will present at the Cowen 7th Annual Communications Infrastructure Summit on Aug. 10. Th...
The highest-yielding S&P 500 stock may need to cut its dividend next year -- but for a good reason.
The old telecom company provided a mixed quarterly update after announcing two divestitures.
Despite recording lower revenues in each of the business segments due to challenging macroeconomic environment, Lumen (LUMN) beats second-quarter 2021 earnings estimates.
DENVER, Aug. 3, 2021 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the second quarter ended June 30, 2021. "Lumen delivered solid Adjusted EBITDA and Free Cash Flow in the s...
In the second quarter of 2021, Lumen (LUMN) is likely to have reported lower year-over-year consolidated revenues as a result of the COVID-19-induced uncertainties.
But it's not the one people were expecting based on recent media reports.
DENVER, July 29, 2021 /PRNewswire/ -- In the wake of COVID-19, almost 70% of organizations using cloud services say they plan to increase their cloud spending. This is creating a spike in the demand for...
The deal to divest its Latin America-based business is expected to unlock value for Lumen's (LUMN) shareholders.
Lumen Technologies Inc (NYSE: LUMN) agreed to sell its Latin American business to investment firm Stonepeak for $2.7 billion. The business will operate as an independent, U.S. headquartered portfolio co...
DENVER and NEW YORK, July 26, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Stonepeak today announced the signing of a definitive agreement for Lumen to sell its Latin American business to ...
DENVER, July 23, 2021 /PRNewswire/ -- As the 4th Industrial Revolution continues to accelerate business demand for high-speed broadband and presence in the cloud, Lumen Technologies (NYSE: LUMN) has exp...
WASHINGTON, July 22, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) announced today it recently won a task order to provide secure high-speed connectivity to the U.S. Army Recruiting Command. Lume...