Lumen TechnologiesNYSE: LUMN

DENVER , Nov. 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 2024 Leveraged Finance Conference on December 3, 2024. The presentation is scheduled to begin at 10:10 a.m.

Lumen is making moves to reduce its debt. So why are investors bailing on the stock?

DENVER , Nov. 12, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) (the "Company" or "Lumen") and its indirect, wholly-owned subsidiary Level 3 Financing, Inc. ("Level 3") have commenced cash tender offers (each, an "Offer" and collectively, the "Offers") to purchase any and all of their respective outstanding notes identified in the table below (collectively, the "Notes"). The Offers are being made by Lumen and Level 3 (each, an "Offeror" and, collectively, the "Offerors") on the terms and subject to the conditions set forth in an Offer to Purchase, including the related Notice of Guaranteed Delivery attached as Appendix A thereto (the "Notice of Guaranteed Delivery"), dated November 12, 2024 (collectively, the "Offer to Purchase").

Dublin, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The "North America Implantable Ports Market Outlook to 2033 - Single Lumen Implantable Ports and Double Lumen Implantable Ports" report has been added to ResearchAndMarkets.com's offering. The comprehensive databook report covers key market data on the North America Implantable Ports market. The databook report provides value (USD), volume (units) and average prices (USD) within the market segments for Single Lumen Implantable Ports and Double Lumen Implantable Ports. The North America Implantable Ports Market report provides key information and data on:

Lumen Technologies' Q3 results showed a revenue decline but a significant increase in free cash flow, driven by strong private connectivity fabric (PCF) sales. The stock rallied 18% post-earnings, with a "Hold" quant rating, despite previous "Strong Buy" recommendations, due to positive cash flow and AI infrastructure opportunities. Lumen's business model transformation is validated by increased FCF projections and substantial PCF deals, positioning it well for future growth and debt reduction.

The headline numbers for Lumen (LUMN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Lumen (LUMN) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.09 per share a year ago.

Google Cloud underpins Lumen® Digital Twin technology, providing proactive insights across the Lumen network Google Cloud's Vertex AI platform enables new AI-powered applications to assist Lumen technicians and customer support teams Lumen Private Connectivity Fabric℠ will expand Google's network to support demand growth for Google Cloud's products and AI innovations DENVER , Nov. 5, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) announced a partnership with Google Cloud that is accelerating Lumen's digital transformation and driving innovation for billions of Google customers. Lumen Chooses Google to Build 'Digital Twin', Drive AI Innovation Lumen is partnering with Google Cloud to power AIOps and proactive data insights across its network, as Lumen continues to drive operational efficiencies.

Get a deeper insight into the potential performance of Lumen (LUMN) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.