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.

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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.

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Cost of revenue

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SG&A

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EBITDA

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Book value per share

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Change in stock

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Cash from other sources

Net change in cash

Free cash flow

The declines in Lumen Technologies, Inc.'s results continue to see legacy voice segments being the culprit in both mass market and enterprise. However, some of the enterprise businesses seem to simply be performing badly, although to Lumen's credit this could have been expected from macro conditions.

Lumen's Declines Should Not Have Surprised

Shares of Lumen Technologies Inc. were tumbling to levels not seen since 1988 Wednesday as the telecommunications company, which provides voice, broadband and other services, pressed the reset button and disappointed Wall Street with its outlook.

Lumen stock plunges toward levels not seen in 34 years amid a ‘reset'

Lumen's (LUMN) Q4 performance was affected by decline in revenues across all segments.

Lumen (LUMN) Q4 Earnings Beat Estimates, Revenues Fall Y/Y

Lumen Technologies, Inc. (NYSE:LUMN ) Q4 2022 Earnings Conference Call February 7, 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 Philip Cusick - JPMorgan David Barden - Bank of America Greg Williams - Cowen & Co Batya Levi - UBS Michael Rollins - Citi Frank Louthan - Raymond James Nick Del Deo - SVB MoffettNathanson Eric Luebchow - Wells Fargo Brett Feldman - Goldman Sachs Operator Greetings and welcome to the Lumen Technologies Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded, Tuesday, February 7, 2023.

Lumen Technologies, Inc. (LUMN) Q4 2022 Earnings Call Transcript

Shares of Lumen Technologies Inc. LUMN, -0.99% were tumbling 12% in after-hours trading Tuesday after the telecommunications company beat expectations with its latest earnings and revenue figures but came up short with its outlook for free-cash flow. The company reported a fourth-quarter net loss of $3.07 billion, or $3.08 a share, whereas it generated net income of $508 million, or 50 cents a share, in the year-earlier period.

Lumen stock sinks after outlook comes up short

Fourth  Quarter 2022 Highlights Appointed Kate Johnson as president, chief executive officer, and a member of the company's Board of Directors Completed the $7.5 billion divestiture of its 20-state ILEC business to Apollo on Oct. 3 Announced an exclusive arrangement for the proposed sale of its EMEA business to Colt Technology Services for $1.8 billion Repurchased 33 million shares of common stock for a total purchase price of $200 million Reported Net Loss of $(3.069) billion for the fourth quarter 2022, which included a non-cash goodwill impairment charge of $3.271 billion, compared to reported Net Income of $508 million for the fourth quarter 2021 Reported diluted loss per share of ($3.08) for the fourth quarter 2022, compared to diluted earnings per share of $0.50 for the fourth quarter 2021. Excluding Special Items, Diluted EPS of $0.43 per share for the fourth quarter 2022, compared to $0.51 per share for the fourth quarter 2021 Generated Adjusted EBITDA of $1.393 billion for the fourth quarter 2022, compared to $2.088 billion for the fourth quarter 2021, excluding the effects of Special Items of $583 million and $19 million, respectively Generated Modified1 Adjusted EBITDA of $1.393 billion for the fourth quarter 2022, compared to $1.496 billion for the fourth quarter 2021, excluding the effects of Special Items of $583 million and $19 million, respectively Reported Net Cash Provided by Operating Activities of $841 million for the fourth quarter 2022 Generated Free Cash Flow of $126 million for the fourth quarter 2022, compared to $776 million for the fourth quarter 2021, excluding cash paid for Special Items of $118 million and $17 million, respectively _____________________________________________ 1 Modified amounts include adjustments to reflect (i) removal of the financial impacts related to the Latin American business divestiture completed Aug. 1, 2022 and the 20-state ILEC business divestiture completed Oct. 3, 2022, (ii) estimates of revenue that Lumen would have received under the post-closing agreements with the purchasers of the divested businesses, and (iii) removal of the financial impacts of the Federal Communications Commission's Connect America Fund ("CAF") Phase II program, which lapsed on Dec. 31, 2021, each excluding the effects of special items.

Lumen Technologies reports fourth quarter 2022 results

Some investors followed the move of a fellow shareholder by dumping their holdings.

Why Lumen Technologies Stock Tumbled by 4% on Monday

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Earnings Previews: Enphase Energy, Fortinet, Lumen

Changes position the company for growth and success DENVER , Feb. 2, 2023 /PRNewswire/ -- To serve customers better and best position the company for growth, Lumen Technologies (NYSE: LUMN) is making changes to its executive leadership team over the coming weeks. Sham Chotai has been named Executive Vice President, Product and Technology, and Jay Barrows, Executive Vice President, Enterprise Sales and Public Sector.

Lumen Reshaping Executive Leadership Team to Drive Simplification, Customer Obsession

Company will provide secure, mission-critical communications services WASHINGTON , Feb. 2, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) recently won a $223 million contract from the U.S. Defense Information Systems Agency (DISA) to provide secure, mission-critical communications services to the U.S. Department of Defense. "The U.S. Department of Defense has a far-reaching mission to provide military forces to deter war and ensure our nation's security.

Lumen wins $223 million Defense Information Systems Agency contract

Lumen's (LUMN) Q4 performance is likely to have been affected by supply-chain troubles, inflation and macroeconomic weakness.

Lumen (LUMN) Q4 Earnings Coming Up: Here's What to Expect

Initiating Coverage of Lumen with a Buy Rating: Anticipating Near-Term Rally. A Promising Addition: New CEO Brings a Track Record of Growth.

Lumen Technologies Turnaround: Navigating The Risk For A Great Potential Reward

How Lumen reports its earnings may have greater influence on its stock price than the facts of the report. Kate Johnson, Lumens CEO has only been on board since November 7.  Chris Stansbury, Lumen's CFO, has been there longer but still less than a year.

Lumen: Handicapping The Near Term Prospects

After the company announced a dividend elimination in November, the stock now appears to have bottomed. The chart profile shows a double-bottom formation, a bullish signal for investors.

Lumen: Now A Steal

STERLING RANCH, Colo.--( BUSINESS WIRE )--Sterling Ranch, Colorado's 21st century master-planned community with more than 1,600 occupied homes (12,000-plus residences are planned) on 3,400 acres, is proud to announce an expansion of its existing relationship with Lumen (formerly CenturyLink) that will bring some of the fastest internet speeds to any community in the Denver metro area. Sterling Ranch (www.sterlingranchcolorado.com) has always been a leader in the market with high-speed internet and this is the next leap forward.

Sterling Ranch Plans to Roll Out up to 8-Gig Internet in Partnership With Lumen

Customer demand drives wavelength network investment in 2023 DENVER , Jan. 25, 2023 /PRNewswire/ -- Businesses need two things to grow their digital platforms – fiber and massive connectivity. Lumen Technologies (NYSE: LUMN) is delivering both.

Lumen Kicks up its 400G Offering Across the U.S.

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The quarterly dividend is a surefire way to get quick returns on your stock portfolio, but they are not always easy to find. Escalating interest rates coupled with seemingly unfettered inflation can certainly complicate things.

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Infrastructure continues to have a highly impressive growth runway ahead of it. With interest rates poised to peak in the near term and the economy slowing, it is time to buy high-quality defensive assets while yields are high.

We Are Buying Infrastructure Hand Over Fist

Lumen Technologies ( LUMN , Financial) is one of the largest communications infrastructure providers in the United States and plays an integral role in making up the backbone of the entire internet, transporting data around the world with a wide-reaching network that has few rivals. The problem is that its rivals are massive companies like AT&T ( T , Financial) and Verizon ( VZ , Financial).

Lumen Technologies: Bye Bye Dividends, Hello Share Buybacks

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LUMN's dividend omission was a major negative surprise for investors, and this led to a big drop in the company's share price in late-2022. My price target for LUMN is $7.52, which is equivalent to a capital appreciation potential of 25%.

Can Lumen Stock Recover To $10? No, But It's Still A Buy

Can the telecom stock bounce back in 2023?

Why Lumen Stock Plummeted 58% in 2022

DENVER , Jan. 10, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), will release its fourth quarter 2022 results on February 7, 2023. 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 fourth quarter 2022 earnings call date

Lumen suspended its dividend in 2022, which has created a significant negative sentiment overhang for the stock that lasts to this day. The firm's changing free cash flow priorities will ultimately benefit shareholders.

News for Lumen Technologies Stock (LUMN)