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

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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.

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OpEx Y/Y

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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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New offering helps companies avoid high-risk events that can damage consumer trust DENVER , Aug. 10, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) is introducing Lumen® Data Protect, a service for companies battling the growing risks associated with data corruption and security failure. Lumen Data Protect is an enterprise grade, fully managed data protection service built on the Lumen edge and backed by the company's substantial global fiber network.

Lumen intensifies network edge data protection and recovery with Lumen Data Protect

Robust DDoS mitigation is the best defense to maintain availability of critical business applications DENVER , Aug. 8, 2023 /PRNewswire/ -- Cyber attackers will never stop trying to overwhelm network defenders, and they constantly change their tactics to make Distributed Denial of Service (DDoS) and application attacks more difficult to stop. New data from Lumen Technologies (NYSE: LUMN), however, indicate the company's DDoS mitigation service continues to stop these complex attacks.

Lumen research reveals threat actors are modifying tactics to disrupt businesses

NEW YORK , Aug. 7, 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.

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

Nationwide executive James 'Jim' Fowler brings digital transformation expertise to the Board DENVER , Aug. 7, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced the appointment of James 'Jim' Fowler to its board of directors, effective immediately. Jim is an advocate for innovation and digital transformation with more than 25 years of experience in technology leadership roles for Fortune 100 companies.

Lumen fortifies telecom disruptor stance with latest board appointment

NEW YORK , Aug. 5, 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.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Lumen Technologies Inc. Investors to Inquire About Securities Class Action Investigation - LUMN

LOS ANGELES, CA / ACCESSWIRE / August 5, 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 NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Lumen Technologies, Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK , Aug. 4, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Lumen Technologies, Inc. ("Lumen" or the "Company") (NYSE: LUMN). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lumen Technologies, Inc. (LUMN)

LOS ANGELES, CA / ACCESSWIRE / August 4, 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.

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Lumen Technologies, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 3, 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.

SHAREHOLDER 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

Lumen's (LUMN) second-quarter performance is affected due to the completion of the sale of its Latin America business.

Lumen (LUMN) Q2 Earnings Beat Estimates, Revenues Down Y/Y

Lumen had a $8.79 billion noncash goodwill impairment charge in the second quarter. Second-quarter revenue fell by nearly 22%.

Why Lumen Technologies Stock Is Falling Hard Today

Although the revenue and EPS for Lumen (LUMN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Lumen (LUMN) Reports Q2 Earnings: What Key Metrics Have to Say

Lumen Technologies, Inc. (NYSE:LUMN ) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Mike McCormack - SVP, IR Kate Johnson - President and CEO Chris Stansbury - EVP and CFO Conference Call Participants Simon Flannery - Morgan Stanley Batya Levi - UBS Michael Rollins - Citi Greg Williams - TD Cowen & Company Frank Louthan - Raymond James Nick Del Deo - MoffettNathanson Dave Barden - Bank of America Merrill Lynch Bora Lee - RBC Capital Markets Operator Greetings, and welcome to the Lumen Technologies Second Quarter 2023 Earnings Call. During the presentation, all participants will be in a listen-only mode.

Lumen Technologies, Inc. (LUMN) Q2 2023 Earnings Call Transcript

Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge of nearly $9 billion in the second quarter.

Lumen Technologies shares slide after posting loss of nearly $9 billion

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

American Tower

Crown Castle International

SBA Communications

AT&T

AT&T 5.35 % Notes 2017-01.11.66 Global

T-Mobile US

Verizon

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.

News for Lumen Technologies Stock (LUMN)