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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.

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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DENVER , Apr. 2, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world's digital potential, will release its first quarter 2024 results on Apr. 30, 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 first quarter 2024 earnings call date

Lumen (LUMN) now has a robust liquidity position, including $1 billion in revolving credit facility, following the successful completion of the transactions contemplated by the TSA.

Lumen (LUMN) Concludes Debt Deal, Focuses on Transformation

Black Lotus Labs reveals how TheMoon malware used end-of-life routers to power a notorious cybercrime service called Faceless, urges consumers to secure devices DENVER , March 26, 2024 /PRNewswire/ -- Black Lotus Labs, Lumen Technologies' (NYSE: LUMN) threat intelligence team, has identified a new multi-year campaign targeting end-of-life, or outdated small office/home office (SOHO) routers and IoT devices. An updated version of TheMoon malware has reemerged and is fueling a cybercriminal anonymity service called Faceless.

Lumen Disrupts Cybercriminals Targeting Home and Office Routers

Lumen Technologies, Inc. (LUMN) New Street Research and BCG Fiber-to-the-Future Conference (Transcript)

Moves Forward as a Stronger Company with Increased Financial Flexibility Primed to Execute on Business Transformation Plans DENVER , March 22, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen" or the "Company"), a global integrated network solutions provider that unleashes the world's digital potential, today announced the successful completion of the transactions contemplated by the previously announced amended and restated transaction support agreement (the "TSA") that the Company, Level 3 Financing, Inc. ("Level 3") and Qwest Corporation entered into with certain of the Company's creditors. Lumen achieved participation in the TSA transactions of over $15 billion of outstanding indebtedness and commitments of the Company and its subsidiaries.

Lumen Technologies Completes TSA Transactions, Enabling Transformation Strategy

DENVER , March 15, 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 virtually at the New Street Research and BCG Fiber to the Future Conference on March 22, 2024. The presentation is scheduled to begin at 12:10 p.m.

Lumen Technologies to Present at the New Street Research and BCG Fiber to the Future Conference

Lumen Technologies (LUMN) is anticipating the completion of TSA transactions by the end of March 2024, subject to the fulfillment of limited remaining closing conditions.

Lumen (LUMN) Begins Consent Solicitation for TSA Transactions

Closing of TSA Transactions Expected by End of Month DENVER , March 11, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen" or the "Company"), a global integrated network solutions provider that unleashes the world's digital potential, commenced a consent solicitation (the "Consent Solicitation") on Friday, March 8, 2024 to amend certain indentures of the Company and its subsidiaries to facilitate the completion of the transactions contemplated by the previously disclosed amended and restated transaction support agreement (the "TSA"). In addition, the Company is requesting that lenders under the Company's existing term loans agree to participate in certain transactions with respect to the Company's credit agreements.

Lumen Technologies Announces Commencement of Consent Solicitation In Connection with Completion of TSA Transactions

Lumen beat analyst expectations for fourth-quarter revenue and adjusted earnings. Its turnaround is showing some small signs of progress.

Why Lumen Technologies Rose 32.8% in February

Lumen Technologies, Inc. (NYSE:LUMN ) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 11:00 AM ET Company Participants Satish Lakshmanan - EVP and Chief Product and Strategy Officer Chris Stansbury - EVP and CFO Conference Call Participants Simon Flannery - Morgan Stanley Simon Flannery Great. All right.

Lumen Technologies, Inc. (LUMN) Morgan Stanley Technology, Media & Telecom Conference (Transcript)

Lumen Technologies, Inc. (NYSE:LUMN ) Annual Raymond James Institutional Investors Conference March 4, 2024 2:15 PM ET Company Participants Chris Stansbury - Chief Financial Officer Conference Call Participants Frank Louthan - Raymond James Frank Louthan All right. Great. Good afternoon, everybody.

Lumen Technologies, Inc. (LUMN) Annual Raymond James Institutional Investors Conference (Transcript)

DENVER , March 1, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) has named Ryan Asdourian as its new Executive Vice President and Chief Marketing Officer. In this role, Asdourian will oversee Brand and Product Marketing, and Corporate Communications.

Microsoft Veteran Joins Lumen as Chief Marketing Officer

DENVER , Feb. 27, 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 executive vice president and chief financial officer and Satish Lakshmanan, Lumen executive vice president and chief product and strategy officer will present at the Morgan Stanley Technology, Media & Telecom Conference on March 5, 2024. The presentation is scheduled to begin at 11:00 a.m.

Lumen Technologies to Present at the Morgan Stanley Technology, Media & Telecom Conference

DENVER , Feb. 26, 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 Raymond James 45th Annual Institutional Investors Conference on March 4, 2024. The presentation is scheduled to begin at 2:15 p.m.

Lumen Technologies to Present at the Raymond James 45th Annual Institutional Investors Conference

Visionary executive Diankha Linear brings market disruption expertise to the Board  DENVER, Feb. 22, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced the appointment of Diankha Linear to its board of directors, effective immediately.  Linear is a seasoned executive and proven operator with more than 20 years of experience leading across highly regulated technology, logistics, and retail industries.

Lumen strengthens technology transformation with new board appointment

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LUMN, SFST and MORF made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 14, 2023.

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Lumen's Q4 report and forward guidance beat Wall Street's expectations. Even with recent gains, the stock still trades at very low sales and earnings multiples.

Why Lumen Stock Is Jumping This Week

Lumen Quarterly DDoS & Application Threat Report reveals the latest trends and insights  on cyberattacks and AI threats DENVER , Feb. 8, 2024 /PRNewswire/ -- The government sector experienced a surge of DDoS attacks in Q4 according to Lumen Technologies (NYSE: LUMN), a global leader in integrated network and cybersecurity solutions. The Lumen Quarterly DDoS & Application Threat Report for Q4 2023 analyzes data from its DDoS mitigation platform and application protection partner, ThreatX, to provide an overview of the DDoS and application-layer attacks that targeted organizations in the last quarter of 2023.

Government Sector is Top Targeted Industry for DDoS Attacks in Q4 2023

Lumen Technologies reported a big loss for the quarter after writing down assets again. The good news is that free cash flow has turned positive.

Why Lumen Technologies Stock Jumped 12.6% on Wednesday

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

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

The headline numbers for Lumen (LUMN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Lumen (LUMN) Q4 Earnings

Lumen Technologies, Inc. (LUMN) Q4 2023 Earnings Call Transcript

Lumen Technologies Inc. on Tuesday reported a surprise adjusted profit for its latest quarter, while beating expectations on the top line.

Lumen's stock advances as telecom company posts an earnings surprise

Fourth Quarter 2023 Highlights Announced an Amended and Restated Transaction Support Agreement on January 25, 2024 which, when completed, based on current participation levels1 will address maturities of approximately $9 billion of outstanding indebtedness, including more than 77% of debt maturing through 2027 Completed the $1.8 billion divestiture of its EMEA business and the sale of select CDN contracts Reported Net Loss of $(1.995) billion for the fourth quarter 2023, which included a non-cash goodwill impairment charge of $1.9 billion, compared to reported Net Loss of $(3.069) billion for the fourth quarter 2022, which included a non-cash goodwill impairment charge of $3.271 billion Reported diluted loss per share of $(2.03) for the fourth quarter 2023, compared to diluted loss per share of $(3.08) for the fourth quarter 2022. Excluding Special Items, diluted earnings per share was $0.08 for the fourth quarter 2023, compared to $0.43 diluted earnings per share for the fourth quarter 2022 Generated Adjusted EBITDA of $1.099 billion 2 for the fourth quarter 2023, compared to $1.393 billion for the fourth quarter 2022, excluding the effects of Special Items of $211 million and $583 million, respectively Reported Net Cash Provided by Operating Activities of $784 million for the fourth quarter 2023 Generated Free Cash Flow of $50 million for the fourth quarter 2023, compared to $126 million for the fourth quarter 2022, excluding cash paid for Special items of $87 million and $118 million, respectively Full Year 2023 Financial Highlights Reduced Net Debt by $1.6 billion Reported Net Loss of $(10.298) billion for the full year 2023, which included non-cash goodwill impairment charges of $10.693 billion, compared to reported Net Loss of $(1.548) billion for the full year 2022, which included a non-cash goodwill impairment of $3.271 billion Reported diluted loss per share of $(10.48) for the full year 2023, compared to diluted loss per share of $(1.54) for the full year 2022.

News for Lumen Technologies Stock (LUMN)