|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.0000 - 0.0000|
|Beta (5Y monthly)||1.00|
|PE ratio (TTM)||0.01|
|Earnings date||01 Aug 2023 - 07 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Lumen (LUMN) partners with WinMagic to provide customers with a comprehensive range of cybersecurity solutions.
New partnership leverages expertise in network, security and cloud solutionsMISSISSAUGA, Ontario, May 25, 2023 (GLOBE NEWSWIRE) -- WinMagic Inc. (the "Company" or "WinMagic") is proud to announce that it is now a member of the Lumen Technologies (NYSE: LUMN) Channel Partner program. WinMagic offers powerfully simple and seamless authentication and encryption solutions that use the endpoint to deliver unbeatable security. This partnership will enable the Company to leverage Lumen’s extensive netw
Long term investing works well, but it doesn't always work for each individual stock. We really hate to see fellow...
The weekend couldn't come fast enough for telecom stock Lumen Technologies (NYSE: LUMN). The cutting party was no less a financial institution than Citigroup. The big bank's analyst Michael Rollins was the man behind the slice.
Better customer experiences, improved quality of products and services, and increased productivity are the top business outcomes companies reported experiencing after investing in edge solutions. In fact, in a new survey commissioned by Lumen Technologies (NYSE: LUMN) and Intel and conducted by IDC, respondents noted they experienced double-digit improvements in these areas after moving applications and workloads closer to the edge of their network.
Lumen Technologies (NYSE: LUMN) has named Kye Prigg Executive Vice President – Enterprise Operations. His first day will be June 1, 2023. Kye will lead a global team comprised of employees in the Service Delivery, Service Assurance, Network Planning and Access Management, and Field Operations and Network Implementation organizations, as Enterprise Operations transforms.
Lumen Technologies (NYSE: LUMN) is pleased to announce that it will hold an Investor Day on Monday, June 5 from 2 p.m. to approximately 4 p.m. ET. Kate Johnson, President and CEO of Lumen and others from the senior leadership team will discuss Lumen's key priorities, initiatives, and outlook for its return to growth.
The company's share price took a more than 2% hit on Wednesday after first-quarter results were announced; by contrast the S&P 500 index slipped by a relatively modest 0.7%. For its first quarter, Lumen booked total revenue of just over $3.7 billion, a comedown from the nearly $4.7 billion it earned in the same period of 2022. Non-GAAP (generally accepted accounting principles) adjusted net income fell even more precipitously, diving to $97 million ($0.10 per share) from the year-ago tally of $636 million.
Lumen's (LUMN) first-quarter 2023 performance is affected by the completion of the sale of its Latin America business and its 20-state ILEC business to Apollo.
Good afternoon, everyone, and thank you for joining Lumen Technologies' first quarter 2023 earnings call. On the call today are Kate Johnson, president and chief executive officer; and Chris Stansbury, executive vice president and chief financial officer.
Lumen Technologies, Inc. (NYSE: LUMN) reported results for the first quarter ended March 31, 2023.
Lumen's (LUMN) Q1 performance is likely to have been affected by supply-chain woes, macroeconomic weakness and dissynergies from the sale of ILEC and Latin America businesses
Lumen Technologies® (NYSE: LUMN) today released its latest report detailing Distributed Denial of Service (DDoS) mitigations in Q1 2023. For the first time, the report also includes Q1 data from Lumen's API and application protection partner, ThreatX. The combined report – which examines DDoS attacks that Lumen mitigated for its customers and application requests that ThreatX blocked for its customers – provides a more holistic view of the overall threat landscape.
Investors were cautiously optimistic about the company's expansion of a cutting-edge tech service category.
The rise of remote and hybrid work – coupled with omnipresent cyber threats – is forcing organizations to accelerate their digital transformations with an explicit focus on securing data-intensive workloads and applications. At the same time, the time it takes for a defender to mitigate a threat translates into millions of dollars saved or lost.
Lumen Technologies (NYSE: LUMN) continues to make big investments in its network. First was the expansion of its U.S. intercity dark fiber network, then the build out of its 400G wavelength network in the U.S. and Europe. Now, Lumen is one of the first global providers to launch 400G IP transit ports across its Tier 1 internet backbone network in the U.S. and EMEA. This powers businesses, hyperscalers and content providers with ultra-high bandwidth connections to efficiently support the massive
Key Insights Significantly high institutional ownership implies Lumen Technologies' stock price is sensitive to their...
Lumen Technologies (NYSE: LUMN), will release its first quarter 2023 results on May 2, 2023. The company will broadcast a live conference call on its Investor Relations website at http://ir.lumen.com at 5 p.m. ET.
Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen") announced the early results of the previously announced offers by its indirect, wholly-owned subsidiary, Level 3 Financing, Inc. (the "Issuer"), to issue senior secured notes in exchange for senior unsecured notes of Lumen (each, an "Exchange Offer," and collectively, the "Exchange Offers").
Lumen (LUMN) to add Talkdesk's cloud contact center solutions to optimize customer satisfaction and reduce costs.
Today's businesses are exploring new ways for remote and hybrid employees to deliver outstanding customer experiences. They also want solutions that are flexible, scalable, secure, and cost efficient. Many have found the answers in cloud-based, "XaaS" solutions.
Maxine Moreau, president of Mass Markets at Lumen Technologies (NYSE: LUMN), will present at the New Street Research and BCG Second Annual Fiber to the Future Conference on March 28. The presentation is scheduled to begin at 11:15 a.m. ET.
Investors need to pay close attention to Lumen (LUMN) stock based on the movements in the options market lately.
Silicon Valley Bank and Signature Bankhave already failed. Credit Suisse plunged after it disclosed material weaknesses in its financial reporting, and its biggest investor, the Saudi National Bank, said it wasn't going to come to its rescue. Let's take a look at the S&P 500's two worst performers from February to see if either of them offers a good buying opportunity.
Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen") announced that its indirect, wholly owned subsidiary, Level 3 Financing, Inc. (the "Issuer"), has commenced offers to issue senior secured notes in exchange for senior unsecured notes of Lumen.