Welcome to our dedicated page for Lumen Technologies news (Ticker: LUMN), a resource for investors and traders seeking the latest updates and insights on Lumen Technologies stock.
Lumen Technologies, Inc. (NYSE: LUMN) is a telecommunications resellers company that describes itself as the trusted network for AI, with a focus on connecting people, data, and applications. The LUMN news feed on Stock Titan aggregates company announcements, press releases, and other updates that Lumen issues to the market.
In its public communications, Lumen emphasizes its network, edge cloud, security, managed service, and digital platform capabilities. News about Lumen often highlights how these capabilities are used to support AI-era workloads and digital transformation, including offerings such as Lumen Defender Managed Rules for AWS Network Firewall, which extends Black Lotus Labs threat intelligence into cloud environments.
Investors and followers of LUMN can use the news page to track announcements about earnings conference calls, quarterly and full-year financial results, and investor presentations, which Lumen typically references in its press releases and related materials. The feed also captures updates on financing activities conducted through subsidiaries like Level 3 Financing, Inc., including senior note offerings, tender offers for existing second lien notes, and amendments to credit agreements.
Beyond financial and capital structure news, Lumen issues updates on leadership changes, such as appointments and resignations of key executives, and on community initiatives like the Teachers and Technology grant program operated through the Lumen Clarke M. Williams Foundation. These stories provide context on the company’s governance, strategic priorities, and community engagement.
By reviewing the LUMN news stream, readers can follow how Lumen presents its role as a network and security provider for AI applications, how it manages its debt and credit facilities, and how it communicates operational and leadership developments over time.
Lumen Technologies (NYSE: LUMN) announced that Andrew Dugan, CTO, will present at the MoffettNathanson 9th Annual Media and Communications Summit on May 19, 2022, at 3:00 p.m. ET. The presentation will be accessible via a live webcast on the Lumen Investor Relations website. Lumen operates approximately 500,000 route fiber miles, serving customers across more than 60 countries, emphasizing its commitment to advancing technology for improved living and working experiences.
Lumen Technologies (LUMN) reported a significant increase in DDoS attacks mitigated in Q1 2022, with a 66% rise compared to Q4 2021 and a 32% increase year-over-year. Notably, 97% of the largest attacks targeted sectors such as Telecommunications and Gaming. One client experienced over 1,300 attacks, including the largest bandwidth attack at 775 Gbps. This highlights the critical need for robust cyber defense strategies, as even short downtimes can severely impact operations and revenue.
Lumen Technologies (LUMN) reported Q1 2022 results with a Net Income of $599 million, up from $475 million in Q1 2021. The Diluted EPS rose to $0.59, compared to $0.44 last year. Total Revenue decreased to $4.676 billion from $5.029 billion year-over-year. Adjusted EBITDA fell to $1.966 billion, down from $2.165 billion in Q1 2021. However, Lumen generated Free Cash Flow of $846 million, slightly lower than $850 million in the same quarter last year. The company updated its full-year outlook, anticipating improved financial metrics due to pending divestitures.
Lumen Technologies (NYSE: LUMN) has been selected by New Jersey to implement a Next Generation 911 (NG911) platform, enhancing emergency call delivery for 8.9 million residents. This seven-year contract establishes a statewide Emergency Services Internet Protocol Network (ESInet) to improve response times and data utilization for 911 call centers across 248 Public Safety Answering Points (PSAPs). The NG911 platform will support future capabilities, including multimedia communication, revolutionizing public safety services in the state.
Lumen Technologies (NYSE: LUMN) is set to enhance its Ethernet services by investing in high-bandwidth architecture, aiming to deliver speeds up to 30 gigabits per second across more than 40 cities by year-end. Following the recent rollout in nine cities, another nine will gain access in early May 2022. Lumen's upgrades represent a 10-fold increase in current Ethernet capabilities and comply with MEF 3.0 standards, ensuring better performance management. Key cities gaining access include Columbus, Houston, and Nashville.
Lumen Technologies (NYSE: LUMN) has partnered with Alianza to enhance its voice services portfolio by utilizing Alianza's cloud communications platform. This collaboration aims to facilitate the migration of customers from legacy voice services to advanced cloud solutions. Key benefits include centralized management, automated provisioning, and easy online customer ordering. The integration is expected to bolster Lumen's offerings by providing high-quality, secure voice and collaboration solutions, thus supporting strategic revenue growth and differentiating Lumen in the competitive market.
Lumen Technologies (NYSE: LUMN) will release its first quarter 2022 earnings on May 4, 2022. A live conference call will be held at 5 p.m. ET on the Investor Relations website. Key information about the earnings release and investor presentation will be accessible post-call. The audio replay will be available starting at 8 p.m. ET on the same day until Aug. 2, 2022. Lumen operates a substantial network with approximately 500,000 route fiber miles across more than 60 countries, focused on enhancing technology experiences for businesses and communities.
Lumen Technologies (NYSE: LUMN) has appointed Chris Stansbury as its new Chief Financial Officer, effective April 4, 2022, succeeding Neel Dev. Stansbury brings over 30 years of finance leadership experience from companies like Arrow Electronics and Hewlett-Packard. CEO Jeff Storey highlighted Stansbury's track record of growth and value creation as pivotal for achieving strategic goals following significant divestitures. No changes were announced regarding the company's financial outlook as a result of this transition.
Lumen Technologies (NYSE: LUMN) will be presenting at the New Street Research and BCG 'Fiber to the Future' Global Infrastructure Conference on March 29, 2022. The presentation will begin at 2:20 p.m. EDT. A live webcast will be accessible via the Lumen Investor Relations website.
Lumen operates approximately 500,000 route fiber miles and serves customers across more than 60 countries, focusing on delivering advanced technology solutions that enhance business and community experiences.
Black Lotus Labs, part of Lumen Technologies (NYSE: LUMN), has identified that Linux binaries are being used as loaders within the Windows Subsystem for Linux (WSL). An analysis of over 100 samples shows evolving capabilities in these techniques, enabling potential evasion of detection by traditional antivirus measures. The discovery raises concerns about security, particularly since WSL users generally possess higher network privileges. Organizations utilizing WSL are advised to enhance their defenses promptly. For further insights, check their detailed report.
FAQ
What is the current stock price of Lumen Technologies (LUMN)?
What is the market cap of Lumen Technologies (LUMN)?
