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LUMN
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Lumen Technologies Inc <LUMN.N> expected to post breakeven results a share - Earnings Preview
Lumen Technologies Inc expected to post breakeven results a share. The company is expected to report a 9.9% decrease in quarterly revenue to $3.369 billion. Lumen Technologies will report results on April 30 for the period ending March 31 2024. The mean estimate from 9 analysts is for the company to post a quarterly revenue drop of 9.8%.
Reuters · 5h ago
6 out of 8 S&P500 communications services stocks deliver EPS wins this week: Earnings Scorecard
Earnings News 6 out of 8 S&P500 communications services stocks deliver EPS wins this week. The communication services sector is trading 2.8% lower this quarter. Six out of eight companies reported an earnings beat, while two reported a miss. The Wall Street accessed earnings reports from popular names including Alphabet and AT&T.
Seeking Alpha · 9h ago
(LUMN) - Analyzing Lumen Technologies's Short Interest
Lumen Technologies's short percent of float has risen 16.76% since its last report. The company has 143.98 million shares sold short, which is 19.65% of all regular shares available for trading. Short interest is the number of shares that have been sold short but have not yet been covered.
Benzinga · 1d ago
What to Expect Ahead of Lumen's (LUMN) Q1 Earnings Release
NASDAQ · 1d ago
UPDATE 3-Lazard posts better-than-expected profit on deals, assets boost
Lazard posts better-than-expected profit on deals, assets boost in first quarter. Investment bank's adjusted revenue jumped 42% to $747 million. Firm advised on a string of high-profile mergers and acquisitions in the quarter. Lazard's assets under management rose to $250 billion from $232 billion.
Reuters · 1d ago
UPDATE 2-Lazard posts first-quarter profit on deals, assets boost
Lazard posts first-quarter profit on deals, assets boost. Investment bank's profit boosted by a string of high-profile mergers and acquisitions it advised on in the first quarter. Lazard's assets under management rose to $250 billion in the quarter from $232 billion a year earlier.
Reuters · 1d ago
Lumen Technologies to Further Cut Workforce in Second Round of Layoffs in Six Months
Telecommunication company Lumen Technologies says it is cutting its workforce by roughly 7%. The company expects severance and related costs of about $90 million to $100 million. In November, Lumen said it would be laying off 4% of its global headcount. The company is further reducing its workforce as part of its turnaround.
Dow Jones · 3d ago
Lumen Technologies To Cut Staff By Less Than 7% -- MarketWatch
Lumen Technologies Inc. Says it will reduce staff by less than 7% through layoffs and voluntary separations. The company expects to incur severance and related costs of around $90 million to $100 million. Lumen shares were up 0.8% after hours on Tuesday.
MarketWatch · 3d ago
Lumen Technologies to cut staff by less than 7%
MarketWatch · 3d ago
On April 19, 2024, Lumen Technologies Finalized Plans To Reduce Workforce By Less Than 7% Through Combination Of Involuntary And Voluntary Separations - Filing
These initiatives are expected to be substantially completed by the end of the second quarter of 2024. The company expects to incur severance and related costs in the range of approximately $90 to $100 million. The Company does not expect to incur any material impairment or exit costs.
Benzinga · 3d ago
LUMEN TECHNOLOGIES - EXPECT TO RECORD SEVERANCE AND RELATED COSTS IN Q2 OF 2024
Reuters · 3d ago
Weekly Report: what happened at LUMN last week (0415-0419)?
Weekly Report · 4d ago
The Biggest Mistakes To Avoid In Dividend Investing
Seeking Alpha · 04/18 11:15
What Investors Need To Know About Dividend Cuts
Seeking Alpha · 04/17 11:15
Weekly Report: what happened at LUMN last week (0408-0412)?
Weekly Report · 04/15 09:08
BUZZ-U.S. STOCKS ON THE MOVE-Rent the Runway, Lumen Technologies, Enliven Therapeutics
The Dow Jones Industrial Average was up 0.02% on Thursday. The benchmark S&P 500 and the Dow were muted as long-dated Treasury yields remained elevated. Rent the Runway, Lumen Technologies, Enliven Therapeutics were among the top stocks on the NYSE.
Reuters · 04/11 18:05
BUZZ-U.S. STOCKS ON THE MOVE-Constellation Brands, Nike, Rocket Lab
The benchmark S&P 500 and the Nasdaq gained on Thursday. Producer prices data soothed investor jitters about sticky inflation. The Dow Jones Industrial Average was down 0.36% in the morning. Constellation Brands, Nike, Rocket Lab and Domino's Pizza are among the stocks on the move.
Reuters · 04/11 16:07
BUZZ-Lumen Technologies up after bagging $73.6 mln contract
Shares of telecommunications services company Lumen Technologies up 2.2% at $1.41 premarket. Company bags $73.6 mln contract from U.S. Government Accountability Office. Company says it will help transform the communication infrastructure of investigative arm of Congress.
Reuters · 04/11 13:20
Lumen secures $73.6M contract with U.S. Government Accountability Office
Lumen secures $73.6M contract with U.S. Government Accountability Office. Lumen Technologies, Inc. To further the GAO's network, data, voice, and video connectivity. The contract was awarded to Lumen under the General Services Administration.
Seeking Alpha · 04/11 13:00
Lumen Technology Lands $73.6M Contract With U.S. Government Accountability Office
Benzinga · 04/11 12:50
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About LUMN
Lumen Technologies, Inc. is a facilities-based technology and communications company. The Company provides a range of integrated products and services to its domestic and global business customers and its domestic mass markets customers. It operates through two segments: Business segment and Mass Markets segment. Its Business segment provides its products and services under four sales channels to meet the needs of its enterprise and commercial customers. Its products and services in this segment include Dark Fiber, Edge Cloud Services, Internet Protocol (IP), Managed Security Services, Software-Defined Wide Area Networks (SD WAN), Secure Access Service Edge (SASE), Optical Services, Ethernet, VPN Data Networks, Voice Services, IT Solutions and Other Legacy Services. Its Mass Markets segment provides products and services to residential and small business customers. Its products and services in this segment include Fiber Broadband, Other Broadband and Voice and Other.