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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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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.

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

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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

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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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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DENVER , Sept. 13, 2022 /PRNewswire/ -- With today's announcement naming Kate Johnson as the incoming president and chief executive officer at Lumen Technologies (NYSE: LUMN), Chris Stansbury, EVP and chief financial officer, will be presenting at the Goldman Sachs Communacopia + Technology Conference on September 15.

Lumen Technologies Amends Executive Speaker for the Goldman Sachs Communacopia + Technology Conference

Lumen Technologies Inc. LUMN, +1.00% said Tuesday Chief Executive Jeff Storey will step down from his role and retire, after a 40-year career in the telecommunications and technology industries. The telecommunications company said it named Kate Johnson as its new CEO, with the transition date expected to be Nov. 7.

Lumen Technologies CEO Jeff Story to step down, to be succeeded by Kate Johnson from Microsoft

Kate Johnson Appointed President and CEO, Joins Board of Directors; Jeff Storey to Retire DENVER , Sept. 13, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced Kate Johnson has been appointed President, Chief Executive Officer and a member of the company's Board of Directors with the transition date expected to be November 7, 2022.

Lumen Announces CEO Transition

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Lumen Technologies' 10%+ dividend yield is more than 3x higher than the overall telecom sector and more than 1.6x than Verizon. A casual look at the common payout ratio suggests the 10% yield to be safe too.

Lumen Vs. Verizon: Is 10% Yield Too Good To Be True?

Lumen Technologies, Inc. (NYSE:LUMN ) Bank of America Media, Communications & Entertainment Conference 2022 September 7, 2022 ET Company Participants Chris Stansbury - Chief Financial Officer and Executive Vice President Conference Call Participants Brian Fenske - Bank of America Securities Brian Fenske So I think we will start. Welcome everyone.

Lumen Technologies, Inc. (LUMN) Management Presents at Bank of America Media, Communications & Entertainment Conference 2022 (Transcript)

Lumen Technologies, Inc. is one of the largest communications companies in the US. Lumen offers a 10% dividend yield.

Lumen: Don't Be Seduced By The 10% Dividend Yield

Apollo Global Management

Company Receives More Than $90 Million in State and County Grants to Extend Reach of Planned Gig-Speed Fiber Network to 38,000 Potential Customers CHARLOTTE, N.C. , Sept. 7, 2022 /PRNewswire/ -- Brightspeed today announced that it has been awarded more than $90 million in grants covering 38,000 locations across 29 counties in North Carolina as part of the state's recent round of the Growing Rural Economies with Access to Technology (GREAT) grant process.

Brightspeed Awarded GREAT Grants for 29 Counties in North Carolina

Lumen's annual dividend yield is now back in double digits. Asset sales allow for significant debt repayment.

Lumen: Another Chance At 10%

AT&T

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Better High Yield Telecom Buy: Lumen Technologies Or AT&T?

Lumen (LUMN) states that the combination of Lumen SASE Solutions and the Lumen SASE Manager will help customers to tighten cybersecurity and upgrade their network.

Lumen (LUMN) Debuts New Solutions for Managing Enterprise SASE

DENVER , Aug. 31, 2022 /PRNewswire/ -- Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will present at the BofA Securities 2022 Media, Communications and Entertainment Conference on September 7. The presentation is scheduled to begin at 11:20 a.m.

Lumen Technologies to Present at the BofA Securities 2022 Media, Communications and Entertainment Conference

Next-Generation Fiber Network to Reach Over 50,000 Potential Customers in Indiana by End of 2023 CHARLOTTE, N.C. , Aug. 30, 2022 /PRNewswire/ -- Brightspeed today announced details for its planned fiber optics network build in the state of Indiana.

Brightspeed Announces Initial Fiber Build Markets for Indiana

Simplified SASE now available via the Lumen Marketplace and Lumen SASE Manager DENVER , Aug. 30, 2022 /PRNewswire/ -- With today's highly distributed workforce, IT and security leaders can no longer operate effectively using the rigid network and security approaches of the past. That is why Lumen Technologies ® (NYSE: LUMN) today announced the launch of Lumen SASE Solutions – a first-of-its-kind, all-digital experience for the purchase, configuration and management of enterprise SASE.

Lumen launches the first intuitive, all-digital experience for buying and managing Secure Access Service Edge (SASE)

Lumen (LUMN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Is Trending Stock Lumen Technologies, Inc. (LUMN) a Buy Now?

State-of-the-Art Fiber Network to Reach up to 24,000 Potential Customers by End of 2023 CHARLOTTE, N.C. , Aug. 25, 2022 /PRNewswire/ -- Brightspeed today announced that it will build portions of its planned fiber optics network in Illinois and Michigan, bringing faster, more reliable internet and Wi-Fi to residential and business locations across its operating territory in each state.

Brightspeed Announces Initial Fiber Build Markets for Illinois and Michigan

Lumen Technologies' (LUMN) sale of the company's ILEC operations in 20 states to Brightspeed has been approved by FCC.

Lumen's (LUMN) Sale of ILEC to Brightspeed Approved by FCC

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Transaction will bring new broadband investment to 20-state region DENVER , Aug. 22, 2022 /PRNewswire/ -- The Federal Communications Commission (FCC) has approved the previously announced sale of Lumen Technologies' (NYSE: LUMN) incumbent local exchange carrier (ILEC) business in 20 states to Brightspeed. With this approval, the transaction has now received all final regulatory clearances needed to close.

FCC approves sale of Lumen assets to Brightspeed

DENVER , Aug. 18, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced that its Board of Directors voted to declare a regular quarterly cash dividend of $0.25 cents per share. The dividend is payable Friday September 9, 2022, to shareholders of record at the close of business on Tuesday August 30, 2022.

Lumen Technologies declares quarterly cash dividend

Leading-Edge FTTP Network to Reach Over 10,000 Potential Customers in Kansas by End of 2023 CHARLOTTE, N.C. , Aug. 18, 2022 /PRNewswire/ -- Brightspeed today announced that it will achieve, by the end of 2023, over 10,000 new fiber passings in portions of three counties in the first phase of its fiber network build in the state of Kansas.

Brightspeed Announces Initial Fiber Build Markets for Kansas

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Lumen Technologies (LUMN) expands edge computing by offering Lumen Edge Virtual Machine (VM) to its customers.

Lumen (LUMN) Continues to Invest in Edge Computing Platform

Company launches new on-demand edge solution powering businesses to deliver amazing digital experiences and save costs DENVER , Aug. 16, 2022 /PRNewswire/ --   Lumen Technologies  (NYSE: LUMN) is continuing to invest in edge computing on the Lumen platform to give businesses more choice on where they can deploy applications and workloads at the edge, closer to digital interactions. Lumen is now offering Lumen Edge Virtual Machines (VM), giving businesses access to on-demand compute, storage, and secure networking, to run their next-generation applications with high performance and at scale.

Lumen investment is bringing businesses more options at the edge

All-Fiber, Gig-Speed Network to Reach up to 14,000 Potential Customers by End of 2023 CHARLOTTE, N.C. , Aug. 16, 2022 /PRNewswire/ -- Brightspeed today announced that it will deliver, by the end of 2023, up to 14,000 new fiber passings in Beaufort County during the first phase of its fiber optics network build in the state of South Carolina.

News for Lumen Technologies Stock (LUMN)