Revenue segments as reported by the company.

Business Segment Revenue

Mass Markets Segment Revenue

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Loss on disposal groups held for sale

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lumen Technologies

Lumen Technologies, Inc. is an investment holding company, which engages in the provision of integrated communications to residential and business customers. It operates through the following segments: Business and Mass Markets. Business segment provides products and services under four sales channels to enterprise and commercial customers. Mass Markets segment focuses on consumer and small business customers. The company was founded in 1930 and is headquartered in Monroe, LA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lumen Technologies plans growth strategy amidst revenue challenges

Lumen Technologies aims to pivot towards growth in 2023 by focusing on customer obsession, innovation, and go-to-market enhancements.
The company is strategically aligning actions with its mission statement, simplifying operations, and investing in technology and leadership for performance.
Despite challenges in revenue stability and macroeconomic influences, Lumen's focus on growth initiatives and operational improvements positions it for future success.

Lumen Technologies reports Q1 decline, focuses on innovation and growth

Lumen Technologies faced challenges with declining financial metrics but showcased innovation and growth in enterprise sales.
The company is focused on simplifying operations, reducing debt, and building a culture of trust and diversity.
Future opportunities lie in executing growth initiatives, digitizing assets, and optimizing costs for a turnaround.
Analysts raised questions about customer conversations, sales trends, and the Quantum Fiber deployment progress.

Lumen Technologies reports growth in customer migration and financial improvements

Lumen Technologies showcased progress in customer migration and financial improvements despite revenue declines.
The company's focus on driving commercial excellence and introducing innovations positions it for growth.
Challenges include addressing upcoming debt maturities and ongoing efforts in simplification and debt structure.
Excitement about initial results and opportunities for improvement in sales platforms and marketing efforts.

Lumen Technologies repositions for growth amidst Q3 financial challenges

Lumen Technologies navigates challenges with strategic divestitures and debt restructuring while focusing on operational improvements and innovation for growth. Q3 results impacted by divestitures, but outlook positive with sustained revenue improvement expected in mid-2024.

Lumen Technologies resilient in Q4, eyes digital growth opportunities

Lumen Technologies showcased resilience in Q4 with strategic progress and focus on commercial excellence.
The company faces challenges in revenue variability across segments but sees opportunities in digital services and industry consolidation.
Overall, Lumen's performance reflects a balanced approach to growth, operational efficiency, and maximizing asset value.

Lumen Technologies reports Q1 growth amidst revenue challenges and innovation

Lumen Technologies showcased resilience in Q1 with revenue growth, strong enterprise sales, and innovative solutions. While facing revenue challenges, the company is focused on reshaping its business, driving customer adoption, and launching new security services. Opportunities in high-capacity network services and digital growth are key focus areas for Lumen.

Lumen Technologies reports Q2 revenue decline, eyes AI network growth

Lumen Technologies is navigating revenue declines with a focus on operational efficiency, strong partnerships, and growth in key segments like fiber broadband.
Challenges include managing cash flow, balancing revenue growth with ongoing investments, and overcoming short-term EBITDA fluctuations.
Opportunities lie in future deals, network expansion for AI support, and strategic partnerships to drive revenue and EBITDA growth in the long term.

Lumen Technologies excels in digital transformation amid revenue challenges

Lumen Technologies showcased strong operational and financial performance in Q3 2024, despite revenue declines from legacy businesses.
The company's focus on digital transformation, AI backbone, and strategic partnerships positions it well for future growth and innovation.
While facing challenges in revenue growth and meeting financial targets, Lumen has opportunities to capitalize on digital revenue growth and the AI economy.

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Lumen Technologies Inc.'s stock pulled back in after-hours trading Tuesday after rising sharply in the regular session, as the telecommunications company posted a mixed set of results for its latest quarter.

Lumen posts mixed earnings and stock pulls back after Tuesday rally

Second  Quarter 2023 Highlights Increased Business Grow product revenue of $1.138 billion for the second quarter 2023, compared to Grow revenue of $1.128 billion for the first quarter 2023. These results showed a significant improvement from the second quarter 2022 when considering the impacts of our divested businesses Accelerated our Quantum Fiber-enabled location pacing, deploying approximately 130 thousand fiber locations during the second quarter 2023 Reported Net Loss of $(8.736) billion for the second quarter 2023, which included a non-cash goodwill impairment charge of $8.793 billion, compared to reported Net Income of $344 million for the second quarter 2022 Reported diluted loss per share of ($8.88) for the second quarter 2023, compared to diluted earnings per share of $0.34 for the second quarter 2022.

Lumen Technologies reports second quarter 2023 results

DENVER , Aug. 1, 2023 /PRNewswire/ -- Andrew Dugan, executive vice president and chief technology officer at Lumen Technologies (NYSE: LUMN), will present at the TD Cowen 9th Annual Communications Infrastructure Summit on August 8. The presentation is scheduled to begin at 5:40 p.m.

Lumen Technologies to Present at the TD Cowen 9th Annual Communications Infrastructure Summit

Customers dream of fast, flexible networking; Lumen now delivers in minutes DENVER , July 31, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) launched its flagship capability on its Network-as-a-Service (NaaS) platform today. It's the first important step toward the company's bold vision to disrupt the telecom industry.

Lumen shakes up telecom industry with Network-as-a-Service offering

Lumen's (LUMN) Q2 performance is likely to have been hurt by global macroeconomic weakness and time-consuming digital transformation process.

Factors to Note Ahead of Lumen's (LUMN) Q2 Earnings Release

NEW YORK , July 27, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Lumen Technologies Inc. (NYSE: LUMN) resulting from allegations that Lumen Inc. may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Lumen securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

LUMEN INVESTOR NEWS: ROSEN, A RESPECTED AND LEADING FIRM, Encourages Lumen Technologies Inc. Investors With Losses to Inquire About Securities Class Action Investigation - LUMN

Lumen seems priced for bankruptcy. The company most likely has hard assets well in excess of total liabilities. Net interest expense is still covered at least 2 X by EBIT.

Lumen Technologies: Few Things Go To Zero

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Market reaction appears significantly overdone with regard to concerns tied to lead-sheathed cables. In one day, market cap for carriers was down $20 billion. For tower REITs, down $8 billion. The cost of leasing space from the tower REITs is not substantial. The big costs are equipment and spectrum. Slower growth for now? Maybe. Shrinking footprint? Very unlikely.

Tower REITs, Carriers And Lead-Sheathed Cables

Ana White joins as Chief People Officer DENVER , July 20, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) has named Ana White Executive Vice President and Chief People Officer. She joins Lumen on September 1.

Lumen Snags Top HR Executive to Accelerate Growth Journey

Lumen Technologies stock has significantly underperformed over the past decade, with a total CAGR of -19.5% and a 5-year total return CAGR of -32.3%. Elevated interest rates and negative sentiment in the telco sector have worsened Lumen's outlook, with potential liabilities from a recent lead-covered cables issue adding to concerns.

Lumen: Buyers Are Getting Ready For Redemption

Lumen stock is rebounding after concerns about lead contamination drove telecom stocks lower. A recent filing by AT&T is helping to reduce concerns about the potential contamination issue.

Why Lumen Stock Is Rocketing Higher Today

LOS ANGELES, CA / ACCESSWIRE / July 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lumen Technologies, Inc. ("Lumen" or "the Company") (NYSE:LUMN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Lumen Technologies, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Lumen Technologies, Inc. (NYSE: LUMN) resulting from allegations that Lumen may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Lumen securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

LUMN LOSS ALERT: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Lumen Technologies, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – LUMN

The telecom sector, including Lumen Technologies, has been hit by a report about potentially dangerous lead-covered cables in legacy phone networks, which could require costly cleanups. Analysts estimate that cleanup costs could reach $59 billion, with AT&T expected to bear the brunt due to its size; Lumen's exposure could exceed $8 billion, over four times its market cap. Lumen's shares have fallen to a multi-year low and the issue could potentially affect the stock for years; the company's planned share buyback could be cancelled due to this exposure.

Lumen: Another Major Potential Risk

Frontier Communications Parent

Markets were sharply higher on Monday. Telecom stocks were lower, however, as reports of lead-lined landline cables raised questions about potential liability.

Why Telecom Stocks Missed Monday's Market Rally

Shares of AT&T, Verizon, and other industry giants have taken a hit since last week, when the Wall Street Journal published a series on lead-covered cables. Lead-footed telecom investors are racing for the exits over fears that AT&T, Verizon, and other industry giants could be on the hook for potential health risks posed by decades-old infrastructure.

Telecom stocks are shedding billions in market value. Here's what's happening

Possible exposure to lead-sheathed cables installed in phone networks will continue to pressure telecom stocks such as T stock and VZ stock.

Lead-Sheathing Issue Could Put Telecom Stocks In The Doghouse For Decades

Threat discovered as CISA issues warnings about the risks posed by these vulnerable devices DENVER , July 12, 2023 /PRNewswire/ -- For the third time in the past year, Black Lotus Labs® – the threat research arm of Lumen Technologies (NYSE: LUMN) – has discovered a new malware that targets small office/home office (SOHO) routers. Discovery of the malware dubbed "AVrecon" came as the U.S. Cybersecurity and Infrastructure Security Agency (CISA) issued warnings about SOHO routers, including a binding operational directive in June and a cybersecurity advisory in May.

Lumen discovers new malware that fueled one of the largest SOHO-router botnets ever seen

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U.S. equities markets are delivering outstanding returns for investors this year. While the first quarter of 2023 was characterized by macroeconomic volatility, the second quarter ended in more resilient markets.

3 Tech Stocks to Sell Before They Do Your Portfolio In

DENVER , July 3, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), will release its second quarter 2023 results on Aug. 1, 2023. The company will broadcast a live conference call on its Investor Relations website at https://ir.lumen.com at 5 p.m.

Lumen Technologies sets second quarter 2023 earnings call date

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Announces Clarke M. Williams Innovation Campus   MONROE, La.

ULM receives historic donation from Lumen Technologies

Lumen Technologies' stock has continued to fall, with the market cap now under $1.83 billion as of Friday's close. The current stock price allows for more than 70% of shares to be retired through the buyback plan. If management or the board do not make a major move rather soon, it's possible that an activist investor could try to shake things up here.

Lumen: Something Has To Give

It looks like the Fed will serve up more interest rate hikes this year. Lumen carries a lot of debt, and rising rates point to rising interest expenses for the company.

Why Lumen Stock Is Sinking This Week

An analyst cut her price target on the telecom. Actually, "chopped down" might be a better way to describe her move.

News for Lumen Technologies Stock (LUMN)