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Lumen Technologies Inc (LUMN)

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1.215 +0.005    +0.41%
- Closed. Currency in USD ( Disclaimer )
After Hours
1.220
+0.005
+0.412%
- Real-time Data
Type:  Equity
Market:  United States
  • Volume: 5,914,514
  • Bid/Ask: 0.000 / 0.000
  • Day's Range: 1.210 - 1.260
Lumen Technologies 1.215 +0.005 +0.41%

NYSE:LUMN Financials

 
A brief overview of the NYSE:LUMN financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of CenturyLink over time.

Lumen Technologies, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 3,517 million compared to USD 3,800 million a year ago. Net loss was USD 1,995 million compared to USD 3,069 million a year ago. Basic loss per share from continuing operations was USD 2.03 compared to USD 3.08 a year ago. Diluted loss per share from continuing operations was USD 2.03 compared to USD 3.08 a year ago.For the full year, sales was USD 14,557 million compared to USD 17,478 million a year ago. Net loss was USD 10,298 million compared to USD 1,548 million a year ago. Basic loss per share from continuing operations was USD 10.48 compared to USD 1.54 a year ago. Diluted loss per share from continuing operations was USD 10.48 compared to USD 1.54 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

LUMN Income Statement

Gross margin TTM 50.92%
Operating margin TTM 7.87%
Net Profit margin TTM -70.74%
Return on Investment TTM 3.18%
 Total Revenue  Net Income
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Revenue 3517 3641 3661 3738
Gross Profit 1780 1791 1921 1921
Operating Income 133 284 346 428
Net Income -1995 -78 -8736 511

LUMN Balance Sheet

Quick Ratio MRQ 1
Current Ratio MRQ 1.35
LT Debt to Equity MRQ 4,704.08%
Total Debt to Equity MRQ 5,106.95%
 Total Assets  Total Liabilities
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Assets 34018 35921 36168 45530
Total Liabilities 33601 33702 33884 34535
Total Equity 417 2219 2284 10995

LUMN Cash Flow Statement

Cash Flow/Share TTM 2.14
Revenue/Share TTM 14.43
Operating Cash Flow  22.18%
 Cash  Net Change in Cash
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 784 881 -100 595
Cash From Investing Activities 1031 -827 -789 -616
Cash From Financing Activities 83 -173 158 -86
Net Change in Cash 1898 -119 -731 -107
* In Millions of USD (except for per share items)
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LUMN Comments

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Dan Star
DS5657348 4 hours ago
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Firing redundant employees is positive. Why does market react negatively?
Dan Star
DS5657348 Apr 05, 2024 11:48AM ET
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Cogent its purest competitor has crashed. Fiber infrastructure isnt cheap but the stocks are.
Biro Laszlo
Biro Laszlo Mar 28, 2024 11:11AM ET
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About the approved debt restructuring ,Kate Johnson, president and CEO of Lumen, stated : The transaction provides the time and capital to fuel our return to growth. This is enough for me to have confidence in the future of the company.
TheGlobe Trade
TheGlobe Trade Mar 27, 2024 9:36AM ET
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Buy before it is too late
TheGlobe Trade
TheGlobe Trade Mar 25, 2024 10:12AM ET
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Strong But. Debt restructuring was approved giving them a clean slate and a clear runway till at least 2029.
EL LA
EL LA Mar 15, 2024 3:22PM ET
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Telecom is scraping along the bottom and eating dirt now. Almost time to buy.
Biro Laszlo
Biro Laszlo Mar 11, 2024 10:57AM ET
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Please explain the statement to me: "Lumen expects to close the TSA transactions by the end of the month, subject to the satisfaction of limited remaining closing conditions." What is " TSA transactions" ?
TheGlobe Trade
TheGlobe Trade Mar 11, 2024 10:57AM ET
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Debt restructuring was approved giving them a clean slate and a clear runway till at least 2029. Strong Buy!
Dan Star
DS5657348 Feb 20, 2024 3:14PM ET
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Why is PE a bit negative when earnings were materially postive?
Vivek Pandey
Vivek Pandey Feb 14, 2024 3:47PM ET
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wtf is this going down?
Dan Star
DS5657348 Feb 07, 2024 8:20AM ET
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New CTO Dave Ward is savvy move. Linux Head who was Cisco then CEO of PacketFabric. Will Lumen might want to acquire PacketFabric once financing build is completee.
 
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