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Lumen Technologies to Present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference
Prnewswire· 2024-05-14 13:15
DENVER, May 14, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Kate Johnson, Lumen's president and chief executive officer, will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024. The presentation is scheduled to begin at 10:10 a.m. ET. A live webcast link to the investor presentation will be made available on the Lumen ...
Lumen Appoints Chad Ho as Executive Vice President and Chief Legal Officer
Prnewswire· 2024-05-06 20:21
 Ho to Succeed Veteran Executive Stacey Goff DENVER, May 6, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced it has appointed Chad Ho as executive vice president and chief legal officer. His appointment will begin in June. He succeeds Stacey Goff, whose legacy includes a distinguished 26-year career with Lumen and its predecessors. We anticipate that Mr. Goff will remain with the company for a few weeks after Mr. Ho's appointment to ensure a smooth transition.  Ho is an experienced chief ...
Lumen (LUMN) Q1 Earnings Miss Estimates, Revenues Down Y/Y
Zacks Investment Research· 2024-05-01 16:05
Lumen Technologies, Inc (LUMN) reported an adjusted loss (excluding special items) of 4 cents per share for first-quarter 2024. In the prior-year quarter, the company reported adjusted earnings per share of 10 cents. The bottom line missed the Zacks Consensus Estimate of a loss of 3 cents.Quarterly total revenues were $3.290 billion, down 12% year over year on a reported basis. Revenues for the year-ago quarter include $139 million from the EMEA business divested, which will not recur in periods following t ...
Lumen unveils AI-powered threat defense tool for businesses
Prnewswire· 2024-05-01 12:35
Lumen Defender uses Black Lotus Labs' threat intelligence to proactively stop attacks at the network edge  DENVER, May 1, 2024 /PRNewswire/ -- To combat the growing number of cyberattacks targeting business networks, Lumen Technologies (NYSE: LUMN) is unveiling a new threat defense tool driven by Artificial Intelligence (AI)/Machine Learning (ML). Lumen DefenderSM powered by Black Lotus Labs® is a patented product that proactively blocks evolving threats at the network edge, before they can compromise a bu ...
Lumen (LUMN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-01 00:31
For the quarter ended March 2024, Lumen (LUMN) reported revenue of $3.29 billion, down 12% over the same period last year. EPS came in at -$0.04, compared to $0.10 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.39 billion, representing a surprise of -3.00%. The company delivered an EPS surprise of -33.33%, with the consensus EPS estimate being -$0.03.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...
Lumen(LUMN) - 2024 Q1 - Earnings Call Transcript
2024-05-01 00:08
Company Participants Conference Call Participants Greetings, and welcome to Lumen Technologies First Quarter 2024 Earnings Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions] And as a reminder, this conference is being recorded Tuesday, April 30, 2024. Matthew Debnam - Director, IR Kate Johnson - President & CEO Chris Stansbury - EVP & CFO Michael Rollins - Citi Sebastiano Petti - J.P. Morgan Batya ...
Lumen(LUMN) - 2024 Q1 - Earnings Call Presentation
2024-05-01 00:08
LUMEN® Except for historical and factual information, the matters set forth in this presentation and other of our oral or written statements identified by words such as "estimates," "expects," "anticipates," "believes," "plans," "intends," "will," and similar expressions are forward-looking statements as defined by the federal securities laws, and are subject to the "safe harbor" protections thereunder. These forward-looking statements are not guarantees of future results and are based on current expectatio ...
Lumen(LUMN) - 2024 Q1 - Quarterly Report
2024-04-30 21:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-7784 LUMEN TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Louisiana 72-0651161 (State or other ju ...
Lumen(LUMN) - 2024 Q1 - Quarterly Results
2024-04-30 20:07
NEWS RELEASE Lumen Technologies reports first quarter 2024 results First Quarter 2024 Highlights • Successfully completed our TSA transactions with a broad group of our creditors, significantly strengthening our balance sheet and addressing over $15 billion of our debt and commitments ◦ Extended over $10 billion of our maturities due over the next four years to 2029 and beyond ◦ Secured access to over $2.3 billion in new liquidity to fuel our pivot to growth • Reported Net Income of $57 million for the firs ...
Lumen (LUMN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-04-25 14:20
Wall Street analysts forecast that Lumen (LUMN) will report quarterly loss of $0.04 per share in its upcoming release, pointing to a year-over-year decline of 140%. It is anticipated that revenues will amount to $3.39 billion, exhibiting a decline of 9.3% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 11.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during ...