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Lumen Technologies Inc
$6.94
Pre-market:
$6.99
(0.72%)+0.050
Closed: Sep 27, 9:00:26 AM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$6.94
Year range
$0.78 - $7.83
Market cap
7.06B USD
Avg Volume
23.90M
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
CDP Climate Change Score
A-
Financials
Income Statement
Revenue
Net income
(USD)Jun 2024Y/Y change
Revenue
3.27B-10.73%
Operating expense
1.52B-3.37%
Net income
-49.00M99.44%
Net profit margin
-1.5099.37%
Earnings per share
-0.13-230.00%
EBITDA
836.00M-23.44%
Effective tax rate
-19.51%—
Total assets
Total liabilities
(USD)Jun 2024Y/Y change
Cash and short-term investments
1.50B263.75%
Total assets
32.94B-8.92%
Total liabilities
32.48B-4.15%
Total equity
466.00M—
Shares outstanding
1.02B—
Price to book
15.09—
Return on assets
0.70%—
Return on capital
1.20%—
Net change in cash
(USD)Jun 2024Y/Y change
Net income
-49.00M99.44%
Cash from operations
511.00M611.00%
Cash from investing
-496.00M37.14%
Cash from financing
-100.00M-163.29%
Net change in cash
-85.00M88.37%
Free cash flow
-281.00M74.37%
About
Lumen Technologies, Inc. is an American telecommunications company headquartered in Monroe, Louisiana, which offers communications, network services, security, cloud solutions, voice and managed services through its fiber optic and copper networks, as well as its data centers and cloud computing services. Its has been on the S&P 600 index since being removed from the S&P 500 in March 2023. Its communications services have included local and long-distance voice, broadband, Multi-Protocol Label Switching, private line, Ethernet, hosting, data integration, video, network, public access, Voice over Internet Protocol, information technology, and other ancillary services. Lumen has gone through many acquisitions, divestments, and structural changes. In the 20th century, this primarily consisted of buying and selling local telecom providers. Larger mergers at the beginning of the 21st century added internet service providing to Lumen's core business. As Cloud computing became more important, Lumen acquired business to serve enterprise cloud customers. Wikipedia
Founded
1968
Website
Employees
25,000
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