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Lumen (LUMN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
DENVER , April 23, 2025 /PRNewswire/ -- 'The Most Exciting Two Minutes in Sports®' just got a serious tech upgrade. As Churchill Downs Racetrack ("Churchill Downs") prepares to host the 151st running of the Kentucky Derby, the historic venue has teamed up with Lumen Technologies (NYSE: LUMN) to bring Network-as-a-Service (NaaS) capabilities to the racetrack, delivering enhanced connectivity for hundreds of thousands of guests, media outlets, and mutuel operations during Derby Week.
Lumen appears to be a better investment option compared to Cogent at the moment.
Lumen Defender Plus, powered by Black Lotus Labs intelligence, stops threats before they reach business networks – delivering measurable results for companies like Apex DataCom DENVER , April 22, 2025 /PRNewswire/ -- The need for smarter, faster, and more automated defenses has never been greater. In 2024, 86% of enterprises reported a year-over-year increase in cyber threats.
DENVER , April 17, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), the trusted network for AI, will publish its first-quarter financial results following market close on May 1, 2025. A live broadcast of the earnings conference call will be available on the company's Investor Relations page at 5 p.m.
Concerns about the future prospects for Lumen Technologies Inc. (NYSE: LUMN) have lingered.
LUMN teams up with Google Cloud to deliver secure, high-speed network solutions, empowering enterprises to meet growing AI demands.
Higher demand for LUMN's PCF solutions bodes well, but a debt-laden balance sheet and competition in the AI space remain overhangs.
Lumen Technologies, Inc. (NYSE:LUMN ) NewStreet Research and BCG Future of Connectivity Leaders Conference March 26, 2025 1:45 PM ET Company Participants Chris Stansbury - EVP, CFO Conference Call Participants Brandon Magsamen - Boston Consulting Group Brandon Magsamen Well, good afternoon. Thanks for joining us.
Lumen Technologies has faced top line contraction due to past asset sales, but expects positive free cash flow by FY 2025. The company's fiber broadband business is a key growth driver, adding 42k new subscribers and generating 19% higher revenues in the last quarter. Despite a free cash flow rebound in FY 2024, Lumen remains overleveraged compared to rivals like AT&T and Verizon.