LUMN Stock Recent News
LUMN LATEST HEADLINES
DENVER , Sept. 3, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen") announced that it has commenced offers to exchange newly-issued superpriority senior secured notes for certain of its outstanding unsecured senior notes.
Warren Buffett, the famed Oracle of Omaha and longtime leader of Berkshire Hathaway Inc. NYSE: BRK.B, famously advises investors to "be fearful when others are greedy." It's easy to become swept up in investor excitement about a company, but trying to time the market is notoriously risky.
DENVER , Aug. 13, 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 BofA Securities 2024 Media, Communications & Entertainment Conference on September 5, 2024. The presentation is scheduled to begin at 8:50 a.m.
Lumen Technologies, Inc. (NYSE:LUMN ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - President & CEO Chris Stansbury - EVP & CFO Conference Call Participants Michael Rollins - Citi Sebastiano Petti - J.P. Morgan Batya Levi - UBS David Barden - Bank of America Jim Schneider - Goldman Sachs Jonathan Chaplin - New Street Nick Del Deo - MoffettNathanson Gregory Williams - TD Cowen Frank Louthan - Raymond James Eric Luebchow - Wells Fargo Operator Greetings, and welcome to Lumen Technologies' Second Quarter 2024 Earnings Call.
Lumen Technologies announced yesterday that it has secured new fiber network deals worth $5 billion. The company is seeing rising AI-related demand, and it could score more big contracts in the near term.
Investors are cheering a new fiber supply deal that could grow the company's network. A short squeeze may have helped the bounce in shares today.
DENVER , June 5, 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 2nd Annual UBS Women in Tech Summit on June 12, 2024. The presentation is scheduled to begin at 12:40 p.m.
LUMN, SFST and MORF made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 14, 2023.
Lumen's Q3 report arrived with a big earnings miss. The company also announced a major restructuring deal with a group of its creditors.
Lumen experienced a sharp drop in its stock price despite an apparently positive earnings report in February. Gloomy guidance suggests that the ongoing turnaround won't materialize anytime soon.