Revenue segments as reported by the company.

Business Segment Revenue

Mass Markets Segment Revenue

Revenue Segments

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

Gross Margin

Operating Margin

Profit Margin

Margins

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

Selling, general and administrative

Depreciation and amortization

Goodwill impairment

Gain on sale of business

Loss on disposal groups held for sale

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AT&T

NEW YORK--(BUSINESS WIRE)--CCMP Growth Advisors, LP (“CCMP Growth”), a growth-oriented middle-market private equity firm, today announced the successful final close of CCMP Capital Investors IV, LP, together with its parallel fund vehicles (“CCMP IV”), in excess of its fundraising target of $500 million in aggregate capital commitments. CCMP IV is solely focused on investing in high-growth, middle-market companies in the North American Consumer and Industrial sectors, often in partnership with.

CCMP Growth Closes Fund in Excess of Targeted $500 Million of Commitments

Lumen Technologies, Inc.'s share price has fallen rapidly over the last few quarters following underperformance and disappointing guidance. Lumen holds a sizeable asset portfolio worth more than double the current market cap even at a conservative M&A premium. With downside risks mitigated and a price target of $1.22, I have raised my rating from sell to buy.

Lumen Technologies Undervalued Even Without Turnaround (Rating Upgrade)

DENVER , July 9, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world's digital potential, will release its second quarter 2024 results on August 6, 2024. The company will broadcast a live conference call on its Investor Relations website at http://ir.lumen.com at 5 p.m.

Lumen Technologies sets second quarter 2024 earnings call date

Goldman Sachs recently initiated coverage on Lumen stock with a sell rating. Goldman's one-year price target on Lumen stock implies further downside of 7% for the stock.

Why Lumen Stock Gained After Big Volatility Today

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Lumen Technologies, Inc. (NYSE: LUMN) on behalf of long-term stockholders following a class action complaint that was filed against Lumen on March 3, 2023 with a Class Period from September 14, 2020 to February 7, 2023. Our investigation concerns whether the board of directors of Lumen have breached their fiduciary duties to the company.

LUMEN ALERT: Bragar Eagel & Squire, P.C. is Investigating Lumen Technologies, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Lumen Technologies, Inc. (NYSE:LUMN ) 2nd Annual UBS Women in Tech Summit Conference Call June 11, 2024 12:40 PM ET Company Participants Kate Johnson - President and Chief Executive Officer Conference Call Participants Batya Levi - UBS Batya Levi Great. Thanks, everyone, for joining.

Lumen Technologies, Inc. (LUMN) 2nd Annual UBS Women in Tech Summit Conference - (Transcript)

DENVER , June 5, 2024 /PRNewswire/ -- 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 2nd Annual UBS Women in Tech Summit on June 12, 2024. The presentation is scheduled to begin at 12:40 p.m.

Lumen Technologies to Present at the 2nd Annual UBS Women in Tech Summit

Lumen Technologies has improved its recovery prospects by extending debt maturities and by confirming a positive free cash flow forecast for the current year. The company's broadband business, particularly fiber, is experiencing strong momentum and contributing significantly to revenue. Lumen's success in pushing out maturities has caused a stabilization of the telecom's share price.

Lumen: Attractive Speculative Setup (Rating Upgrade)

Lumen Technologies, Inc. (NYSE:LUMN ) TD Cowen 52nd Annual Technology, Media & Telecom Conference May 30, 2024 10:50 AM ET Company Participants Chris Stansbury - EVP and CFO Conference Call Participants Greg Williams - TD Cowen Greg Williams Let's get started. Good morning.

Lumen Technologies, Inc. (LUMN) TD Cowen 52nd Annual Technology, Media & Telecom Conference (Transcript)

DENVER , May 23, 2024  /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Chris Stansbury, Lumen's executive vice president and chief financial officer, will present at the TD Cowen 52nd Annual Technology, Media & Telecom Conference on May 30, 2024. The presentation is scheduled to begin at 10:50 a.m.

Lumen Technologies to Present at the TD Cowen 52nd Annual Technology, Media & Telecom Conference

Lumen Technologies, Inc. (NYSE:LUMN ) JPMorgan Global Technology, Media and Communications Conference Call May 21, 2024 10:00 AM ET Company Participants Kate Johnson - President & CEO Conference Call Participants Sebastiano Petti - J.P. Morgan Sebastiano Petti Hi, good morning, everyone.

Lumen Technologies, Inc. (LUMN) JPMorgan Global Technology, Media and Communications Conference - (Transcript)

DENVER , May 14, 2024 /PRNewswire/ -- 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.

Lumen Technologies to Present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference

Ho to Succeed Veteran Executive Stacey Goff DENVER , May 6, 2024 /PRNewswire/ -- 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.

Lumen Appoints Chad Ho as Executive Vice President and Chief Legal Officer

Lumen Technologies Inc.'s chief executive continues to be a buyer of her company's stock, scooping up nearly $1 million worth in the wake of the latest earnings report.

Lumen CEO scoops up another $1 million batch of stock

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

Lumen (LUMN) Q1 Earnings Miss Estimates, Revenues Down Y/Y

Lumen Defender uses Black Lotus Labs' threat intelligence to proactively stop attacks at the network edge  DENVER , May 1, 2024 /PRNewswire/ -- 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.

Lumen unveils AI-powered threat defense tool for businesses

The headline numbers for Lumen (LUMN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Lumen (LUMN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Lumen Technologies, Inc. (NYSE:LUMN ) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Matthew Debnam - Director, IR Kate Johnson - President & CEO Chris Stansbury - EVP & CFO Conference Call Participants Michael Rollins - Citi Sebastiano Petti - J.P. Morgan Batya Levi - UBS David Barden - Bank of America Simon Flannery - Morgan Stanley Nick Del Deo - MoffettNathanson Gregory Williams - TD Cowen Frank Louthan - Raymond James Jonathan Chaplin - New Street Operator Greetings, and welcome to Lumen Technologies First Quarter 2024 Earnings Call.

Lumen Technologies, Inc. (LUMN) Q1 2024 Earnings Call Transcript

Lumen Technologies Inc. reported mixed results for the latest quarter, posting a surprise adjusted loss but topping expectations on free cash flow.

Lumen's stock gains after beat on free cash flow

First  Quarter 2024 Highlights Successfully completed our TSA transactions with a broad group of our creditors, significantly strengthening our balance sheet and addressing over $15 billion of our debt and commitments Extended over $10 billion of our maturities due over the next four years to 2029 and beyond Secured access to over $2.3 billion in new liquidity to fuel our pivot to growth Reported Net Income of $57 million for the first quarter 2024, compared to reported Net Income of $511 million for the first quarter 2023 Reported diluted earnings per share of $0.06 for the first quarter 2024, compared to diluted earnings per share of $0.52 for the first quarter 2023. Excluding Special Items, diluted loss per share was $(0.04) for the first quarter 2024, compared to $0.10 diluted earnings per share for the first quarter 2023 Generated Adjusted EBITDA of $977 million 1 for the first quarter 2024, compared to $1.251 billion 1 for the first quarter 2023, excluding the effects of Special Items of $170 million and $114 million, respectively Reported Net Cash Provided by Operating Activities of $1.102 billion for the first quarter 2024 Generated Free Cash Flow of $518 million 2 for the first quarter 2024, compared to negative $(75) million 2 for the first quarter 2023, excluding cash paid for Special Items of $129 million and $(30) million, respectively Reiterated full-year 2024 financial outlook with the first quarter expected to be the low-point for Adjusted EBITDA DENVER , April 30, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) reported results for the first quarter ended March 31, 2024.

Lumen Technologies reports first quarter 2024 results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Lumen (LUMN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Lumen (LUMN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Lumen's (LUMN) Q1 performance is likely to have been hurt by a time-consuming digital transformation process. Continued investments in Quantum Fiber and enterprise businesses are expected to have been positives.

What to Expect Ahead of Lumen's (LUMN) Q1 Earnings Release

Lumen Technologies Inc. LUMN, on Tuesday said it would reduce staff by less than 7% through layoffs and voluntary separations. The telecom and networking company said in a filing that the move was part of a cost-cutting effort expected to largely be completed by the end of the second quarter.

Lumen Technologies to cut staff by less than 7%

Alerian MLP ETF

Algonquin Power & Utilities

Brookfield Renewable Partners

Enbridge

Enterprise Products Partners

Energy Transfer LP Unit

Altria

Medical Properties Trust

Realty Income Corp

Schwab US Dividend Equity ETF

Simon Property Group

Dividend investing can provide exceptional long-term wealth compounding and financial independence. However, dividend investing is far from easy. We share three of some of the biggest mistakes that dividend investors often make.

The Biggest Mistakes To Avoid In Dividend Investing

V.F.

W. P. Carey

Dividend investing provides a growing passive income stream and can make investors agnostic to stock market conditions. Dividend cuts significantly hurt investors by reducing passive income and indicating potential underlying issues with the company. We discuss the causes of dividend cuts, the early warning signs to watch out for, and how to respond prudently when a dividend cut takes place.

News for Lumen Technologies Stock (LUMN)