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) provides integrated communications and network solutions for global enterprises through its expansive fiber infrastructure and advanced digital platforms. This page serves as your central resource for official company announcements, financial updates, and strategic developments.
Access curated press releases, earnings reports, and news articles covering Lumen’s fiber network expansions, cybersecurity innovations, and enterprise partnerships. Investors will find timely updates on quarterly results, leadership changes, and infrastructure investments, while analysts gain insights into market positioning and technology roadmaps.
Key focus areas include Lumen’s AI-driven threat detection systems, fiber-optic network upgrades, and collaborations supporting cloud-based enterprise solutions. Content is organized to help stakeholders track operational milestones and regulatory filings efficiently.
Bookmark this page for direct access to Lumen’s verified announcements, or check back regularly for the latest developments in secure, high-capacity connectivity solutions.
Lumen Technologies (LUMN) reported Q4 2024 results with Net Income of $85 million ($0.09 per share), compared to a Net Loss of $(1.995) billion in Q4 2023. Total Revenue was $3.329 billion, down from $3.517 billion year-over-year.
The company generated Adjusted EBITDA of $1.052 billion in Q4 2024, compared to $1.099 billion in Q4 2023. Free Cash Flow was negative $(174) million, excluding Special Items, compared to positive $50 million in Q4 2023.
For full-year 2024, Lumen reported a Net Loss of $(55) million, with total revenue of $13.108 billion, down 10% from 2023. The company updated its 2025 outlook, projecting Adjusted EBITDA of $3.2-3.4 billion and Free Cash Flow of $700-900 million.
Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider, has announced it will release its fourth-quarter 2024 financial results after market close on February 4, 2025. The company will host an earnings conference call at 5 p.m. ET on the same day, which will be accessible via live broadcast on their Investor Relations webpage. The earnings release, investor presentation, and related materials for Q4 and fiscal year 2024 will be made available on Lumen's Investor Relations website.
Lumen Technologies (NYSE: LUMN) has partnered with Prometheus Hyperscale to provide network connectivity for sustainable AI-driven data centers. Prometheus will implement Lumen's Private Connectivity Fabric solution, including next-generation wavelength services and DDoS-protected Dedicated Internet Access.
The partnership will support Prometheus' flagship facility in Wyoming and four future data centers across the western U.S. The network infrastructure will enable high-density compute capabilities while maintaining commitment to renewable energy and carbon neutrality. Prometheus' Evanston, Wyoming campus, expected online in late 2026, will be among the world's largest data centers, with additional facilities planned in Colorado, Arizona.
Lumen Technologies and its subsidiary Level 3 Financing announced the expiration and results of their cash tender offers for unsecured 2028 Notes. For Lumen's 6.875% Debentures, 14.89% ($24,094,000) of the outstanding $161,817,000 were tendered at $947.50 per $1,000 principal. For Level 3's 4.250% Senior Notes, 56.41% ($275,334,000) of the outstanding $488,098,000 were tendered at $890.00 per $1,000 principal. The settlement is expected to occur by November 26, 2024.
Lumen Technologies (NYSE: LUMN) announced the expiration and results of certain cash tender offers, along with amendments to remaining offers. For expired offers, the company received varying tender rates: 38% of 5.625% Senior Notes due 2025, 9% of 7.200% Senior Notes due 2025, 41% of 5.125% Senior Notes due 2026, and 8% of 4.000% Senior Notes due 2027. Level 3 Financing received 8% tender for 3.400% Notes and 43% for 4.625% Notes due 2027.
For amended offers, Lumen increased tender consideration for 6.875% Debentures due 2028 to $947.50 and Level 3's 4.250% Senior Notes due 2028 to $890.00 per $1,000 principal amount. The expiration time has been extended to November 25, 2024.
Lumen Technologies (NYSE: LUMN) announced that their Executive VP and CFO Chris Stansbury will present at the BofA 2024 Leveraged Finance Conference on December 3, 2024, at 10:10 a.m. ET. The presentation by the global integrated network solutions provider will be accessible via live webcast through Lumen's Investor Relations website.
Lumen Technologies and its subsidiary Level 3 Financing have launched cash tender offers to purchase any and all of their outstanding unsecured notes. The offers cover eight different series of notes with varying interest rates and maturities. The tender consideration ranges from $860 to $1,000 per $1,000 principal amount. The offers will expire on November 18, 2024, at 5:00 p.m., New York City time, with an expected settlement date of November 19, 2024. Holders who validly tender their notes will receive the specified tender consideration plus accrued interest.
Lumen Technologies (LUMN) reported Q3 2024 results with a net loss of $(148) million, compared to $(78) million in Q3 2023. Total revenue was $3.221 billion, down from $3.641 billion year-over-year. The company generated Free Cash Flow of $1.2 billion, excluding special items, compared to $43 million in Q3 2023.
The company maintained its full-year 2024 Adjusted EBITDA outlook of $3.9 to $4.0 billion and raised its Free Cash Flow guidance to $1.2-$1.4 billion from $1.0-$1.2 billion. Lumen reported strong adoption of its digital services and record quarter for Quantum Fiber net subscription adds.
Lumen Technologies (NYSE: LUMN) has announced a strategic partnership with Google Cloud to accelerate digital transformation and AI innovation. The collaboration features the implementation of Lumen® Digital Twin technology, powered by Google Cloud's infrastructure and BigQuery platform, enabling real-time network insights and proactive issue resolution.
Google Cloud's Vertex AI platform and Gemini models will support new AI applications to improve operational efficiency and customer support. Additionally, Lumen Private Connectivity Fabric℠ will expand Google's network infrastructure to meet growing demand for cloud services and AI innovations.
Lumen Technologies (LUMN) and Amazon Web Services (AWS) announced a strategic partnership to enhance data center connectivity and optimize cloud technology delivery across the United States. Lumen will provide dedicated fiber infrastructure connecting AWS Regions and Local Zones, while implementing AWS technologies, including AI and machine learning, to modernize its systems. The collaboration aims to support high-bandwidth AI applications and enable dynamic network management. Lumen will migrate its IT and product platforms to AWS, utilizing Amazon Bedrock for network optimization and resource planning, working towards developing an AI-powered autonomous network platform.
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