A month has gone by since the last earnings report for Lumen (LUMN). Shares have lost about 27.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to ...
The telecommunications giant's strategic shift capitalizes on growing AI opportunities.
Lumen Technologies underwent financial challenges but has won $5 billion in new sales and is negotiating up to $7 billion in additional sales, sending shares soaring. Second quarter results showed ...
Lumen will sell its mass markets fiber business to AT&T for $5.75 billion. The telecom will likely use the proceeds to reduce debt and invest in its network. The question for investors is whether that ...
Lumen posted a non-GAAP earnings per share of -$0.04 as revenue fell by 12.0% Y/Y to $3.29 billion. Its adjusted EBITDA fell while free cash flow increased. In the table below, revenue fell the most ...
(Reuters) -Lumen Technologies on Thursday reported a smaller-than-expected second-quarter loss and raised its full-year free cash flow forecast by more than 60%, helped by cost savings from President ...