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

Lumen Technologies Inc. shares were flirting with their worst-ever daily performance Wednesday as news of an agreement with creditors failed to outweigh disappointing commentary on revenue-growth expectations.

Lumen's stock erodes further, sinking toward worst day in its history

Network-as-a-Service platform expands to more locations to serve more businesses DENVER , Nov. 1, 2023 /PRNewswire/ -- Disrupting an industry requires a deep understanding of business needs and an investment in continuous innovation. Just three months after Lumen Technologies (NYSE: LUMN) launched its first Network-as-a Service (NaaS) capability, it has expanded the service from 23 data centers to 136 across North America.

Lumen builds on its network cloudification vision to offer burstable on-demand internet

Lumen Technologies, Inc. (NYSE:LUMN ) Q3 2023 Earnings Conference Call October 31, 2023 5:00 PM ET Company Participants Mike McCormack - Senior Vice President, Investor Relations Kate Johnson - President and Chief Executive Officer Chris Stansbury - Executive Vice President and Chief Financial Officer Conference Call Participants Simon Flannery - Morgan Stanley Nick Del Deo - MoffettNathanson Michael Rollins - Citi Batya Levi - UBS David Barden - Bank of America Greg Williams - TD Cowen Frank Louthan - Raymond James Jonathan Chaplin - New Street Research Operator Greetings, and welcome to the Lumen Technologies Third Quarter 2023 Earnings Call. During the presentation, all participants will be in a listen-only mode.

Lumen Technologies, Inc. (LUMN) Q3 2023 Earnings Call Transcript

Telecommunications services firm Lumen Technologies beat Wall Street estimates for third-quarter revenue on Tuesday, helped by strong demand for its services as businesses digitize their operations.

Lumen Technologies tops third-quarter revenue estimates on strong demand

Lumen Technologies Inc.'s LUMN, -2.01% stock gained more than 2% in extended trading Tuesday after the telecommunications computing reported quarterly results. Lumen Technologies reported a fiscal third-quarter net loss of $78 million, or 8 cents a share, compared with net earnings of $578 million, or 57 cents a share, in the year-ago quarter.

Lumen Technologies' stock rises on revenue beat

DENVER , Oct. 31, 2023 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen" or the "Company") today announced that it has entered into a transaction support agreement with a group of creditors holding over $7 billion of the outstanding indebtedness of the Company and its subsidiaries to, among other things, extend maturities of the debt instruments of the Company and Level 3 Financing, Inc. In addition, the creditors have committed to provide $1.2 billion of financing to the Company through new long-term debt. The consummation of the transactions contemplated by the transaction support agreement is subject to the satisfaction of various closing conditions.

Lumen Announces Broad Agreement With Creditors That Will Provide The Company with Significant Flexibility to Execute Its Transformation Strategy

Third Quarter 2023 Highlights Increased Enterprise Channel revenue of $2.124 billion for the third quarter 2023, compared to $2.100 billion for the second quarter 2023. These results showed a significant improvement in year over year rate of decline from the third quarter 2022 when considering the impacts of our divested businesses Expect the proposed sale of its EMEA business to close Nov. 1, subject to meeting customary closing conditions Accelerated its Quantum Fiber-enabled location pacing, enabling approximately 141 thousand fiber locations during the third quarter 2023 Reported Net Loss of $(78) million for the third quarter 2023 compared to reported Net Income of $578 million for the third quarter 2022 Reported diluted loss per share of $(0.08) for the third quarter 2023, compared to diluted earnings per share of $0.57 for the third quarter 2022.

Lumen Technologies reports third quarter 2023 results

NEW YORK--(BUSINESS WIRE)---- $LUMN #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed Lumen Technologies, Inc. ("Lumen" or the "Company") (NYSE: LUMN) f/k/a CenturyLink, Inc. ("CenturyLink") and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchase.

Lumen Technologies, Inc. (LUMN) Investors: Contact Bronstein, Gewirtz & Grossman, LLC to Actively Participate in the Class Action Lawsuit

Collaboration expands revolutionary way businesses buy and use network services  DENVER , Oct. 31, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) is accelerating its vision to cloudify traditional network services and disrupt the telecom industry by integrating its Network-as-a-Service (NaaS) platform with Equinix Fabric. This will enable Equinix's 10,000 customers to instantly buy, use, and manage Lumen® Internet On-Demand and future Lumen® NaaS services.

Lumen takes Network-as-a-Service to the next level with Equinix

LOS ANGELES, CA / ACCESSWIRE / October 31, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lumen Technologies, Inc. ("Lumen" or "the Company") (NYSE:LUMN) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 11, 2019 and July 14, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 14, 2023.

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Lumen Technologies, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , Oct. 31, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lumen Technologies, Inc. f/k/a CenturyLink, Inc.. Shareholders who purchased shares of LUMN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Lumen Technologies, Inc. f/k/a CenturyLink, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 14, 2023 - (NYSE: LUMN)

Lumen's (LUMN) Q3 performance is likely to have been hurt by a time-consuming digital transformation process. Continued investments in Quantum Fiber and enterprise businesses are positive.

Factors to Note Ahead of Lumen's (LUMN) Q3 Earnings Release

NEW YORK , Oct. 26, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lumen Technologies, Inc. (NYSE: LUMN) between March 11, 2019 and July 14, 2023, both dates inclusive (the "Class Period"), of the important November 14, 2023 lead plaintiff deadline. SO WHAT: If you purchased Lumen securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A TOP RANKED LAW FIRM, Encourages Lumen Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LUMN

After mitigating targeted DDoS attacks against a major bank, Lumen urges implementation of comprehensive DDoS mitigation DENVER , Oct. 26, 2023 /PRNewswire/ -- New data from the Lumen Technologies (NYSE: LUMN) Distributed Denial of Service (DDoS) mitigation platform landed the banking industry in the unenviable position of being the most targeted vertical of Q3 2023. This is the first time the banking industry topped Lumen's "most targeted verticals" list and was largely due to the events of a single day: Sept.

Lumen Q3 DDoS report: Banking was the most targeted industry for the first time

NEW YORK , Oct. 25, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lumen Technologies, Inc. ("Lumen" or the "Company") f/k/a CenturyLink, Inc. ("CenturyLink") (NYSE: LUMN) and certain officers.   The class action, filed in the United States District Court for the Western District of Louisiana, Monroe Division, and docketed under 23-cv-01290, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lumen securities between March 11, 2019 and July 14, 2023, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

SHARHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lumen Technologies, Inc. f/k/a CenturyLink, Inc. of Class Action Lawsuit and Upcoming Deadline - LUMN

Zoom Video

Combining the Lumen network with Zoom's cloud-phone services saves money and boosts reliability DENVER, Oct. 25, 2023 /PRNewswire/ --  Lumen Technologies (NYSE: LUMN) today announced it has expanded its partnership with Zoom (NASDAQ: ZM) to create a simple, secure way for businesses to collaborate anywhere, anytime. This benefits businesses of all sizes by combining Lumen's reliable network infrastructure and phone services with Zoom's feature-rich cloud phone system.

Better together: Lumen and Zoom simplify the VoIP phone experience for businesses

DENVER , Oct. 25, 2023 /PRNewswire/ -- The State of California Department of Technology and Lumen Technologies (NYSE: LUMN) are tackling digital inclusion head-on with a multi-billion dollar network investment to bring equitable, high-speed fiber broadband service to Californians. Under the groundbreaking Broadband for All initiative, the state awarded more than $400 million for closing the digital divide to telecom industry disruptor Lumen, whose global network powers connectivity for large enterprise, governments, small businesses and homeowners alike.

The California Department of Technology tackles digital divide, taps network giant Lumen for massive fiber expansion

NEW YORK , Oct. 19, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lumen Technologies, Inc. (NYSE: LUMN) between March 11, 2019 and July 14, 2023, both dates inclusive (the "Class Period"), of the important November 14, 2023 lead plaintiff deadline. SO WHAT: If you purchased Lumen securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Lumen Technologies, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - LUMN

Lumen (LUMN) is expected to launch its latest Wi-Fi 7 in the fourth quarter of 2023 to tap the growing demand for Internet connectivity.

Lumen (LUMN) Unveils Wi-Fi 7 Device for Quantum Fiber Customers

Quantum Fiber will be the first internet service provider to offer its own internally developed Wi-Fi 7 device directly to customers DENVER , Oct. 17, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) is ushering in a new era of wireless connectivity with the launch of a Wi-Fi 7-capable device that will soon be available to their Quantum Fiber customers. Quantum Fiber is partnering with MediaTek and its consolidated entity, Airoha, as well as AXON Networks on the device.

Lumen Technologies' Quantum Fiber brand to deliver a disruptive and groundbreaking Wi-Fi 7 device

Lumen Technologies has a long history in the telecommunications market and specializes in providing a range of services including high-speed internet connectivity and business communications. The company is currently facing a challenging period with declining revenue and profitability, but has undergone a management turnaround and identified niche market sectors for potential growth. Lumen's competitive advantages lie in its global fiber optic network, which supports services like edge computing and SD-WAN, and its ability to offer services on its physical assets. However, the company's high debt poses a significant risk.

Lumen Technologies: The Turnaround Time May Be The Right One

Lumen Technologies is one of the largest telecommunications carriers in the United States, possessing an extensive network of 450,000 route miles of fiber. LUMN's market capitalization has plummeted by 96% in the last decade, mirroring declining sales and EBITDA, despite its presence in fast-growing sectors. While it's too early to judge the success of the new leadership team's turnaround plan, after the last 3 quarters, there seems to be little positive financial change.

Lumen Technologies And Its Looming Maturities

Hanesbrands

Hecla Mining

JetBlue Airways

Rite Aid

Sirius XM Holdings Inc

Tupperware

WeWork

Penny stocks, defined as equities under $5 per share, offer huge upside potential but also higher risk. Savvy traders look for signals from options activity to identify promising penny stocks poised for gains.

Penny Stocks To Buy Now? 8 To Watch With Unusual Options Action

Lumen (LUMN) continues to simplify business operations and the sale of select CDN service contracts is part of that process.

Lumen (LUMN) Sells Some CDN Service Contracts to Akamai

Monetization of non-core product lines, such as CDN contracts, allows Lumen to focus on strategic priorities DENVER, Oct. 10, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced the company has completed the sale of select Content Delivery Network (CDN) service contracts, to Akamai Technologies, Inc. "We are deep into our transformation of Lumen and much of our core work involves simplification of our business," said Bob McCarthy, Lumen Senior Vice President, Business Development. "The sale of select Lumen CDN service contracts enables us to apply even more focus on disrupting the telecommunications industry by cloudifying our network, enhancing our Quantum Fiber offering and bringing amazing new solutions to market.

News for Lumen Technologies Stock (LUMN)