we are a global company of approximately 38,000 professionals, dedicated to empowering businesses to produce amazing things. driven by the challenges and opportunities of the 4th industrial revolution, we’re helping to change how people interact and how companies acquire, analyze and act on data with flexible, intelligent, secure and collaborative solutions built for the next generation of business.to learn more about our ambitious mission and data-driven approach to business solutions, visit www.lumen.com.
Company profile
Ticker
LUMN
Exchange
Website
CEO
Jeffrey Storey
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CENTURY TELEPHONE ENTERPRISES INC, CENTURYLINK, INC, CENTURYTEL INC
SEC CIK
Corporate docs
Subsidiaries
Actel, LLC • Bloomingdale Telephone Company, Inc. • Century Cellunet International, Inc. • Cellunet of India Limited • Century Telephone of West Virginia, Inc. • CenturyLink Community Giving Foundation, Inc. • CenturyLink Communications, LLC • Boxgate Holdings, LLC • ELASTICBOX INC. • Q Fiber, LLC ...
IRS number
720651161
LUMN stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
17 May 24
S-8
Registration of securities for employees
16 May 24
8-K
Lumen Appoints Chad Ho as Executive Vice President and Chief Legal Officer
6 May 24
10-Q
2024 Q1
Quarterly report
30 Apr 24
8-K
Lumen Technologies reports first quarter 2024 results
30 Apr 24
8-K
Cost Associated with Exit or Disposal Activities
23 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
8-K
Entry into a Material Definitive Agreement
28 Mar 24
PRE 14A
Preliminary proxy
25 Mar 24
Transcripts
LUMN
Earnings call transcript
2024 Q1
30 Apr 24
LUMN
Earnings call transcript
2023 Q4
6 Feb 24
LUMN
Earnings call transcript
2023 Q3
31 Oct 23
LUMN
Earnings call transcript
2023 Q2
1 Aug 23
LUMN
Earnings call transcript
2023 Q1
2 May 23
LUMN
Earnings call transcript
2022 Q4
7 Feb 23
LUMN
Earnings call transcript
2022 Q3
2 Nov 22
LUMN
Earnings call transcript
2022 Q2
4 Aug 22
LUMN
Earnings call transcript
2022 Q1
5 May 22
LUMN
Earnings call transcript
2021 Q4
10 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.59 bn | 1.59 bn | 1.59 bn | 1.59 bn | 1.59 bn | 1.59 bn |
Cash burn (monthly) | 218.67 mm | 54.67 mm | (no burn) | 875.58 mm | (no burn) | (no burn) |
Cash used (since last report) | 346.82 mm | 86.70 mm | n/a | 1.39 bn | n/a | n/a |
Cash remaining | 1.25 bn | 1.51 bn | n/a | 203.28 mm | n/a | n/a |
Runway (months of cash) | 5.7 | 27.5 | n/a | 0.2 | n/a | n/a |
Institutional ownership, Q4 2023
36.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 390 |
Opened positions | 59 |
Closed positions | 168 |
Increased positions | 84 |
Reduced positions | 139 |
13F shares | Current |
---|---|
Total value | 649.78 bn |
Total shares | 368.33 mm |
Total puts | 9.33 mm |
Total calls | 1.52 mm |
Total put/call ratio | 6.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 118.33 mm | $216.54 bn |
STT State Street | 53.17 mm | $97.30 bn |
Charles Schwab Investment Management | 26.30 mm | $48.14 bn |
HBCYF HSBC | 20.77 mm | $37.60 bn |
IVZ Invesco | 20.20 mm | $36.97 bn |
MS Morgan Stanley | 13.45 mm | $24.62 bn |
NTRS Northern Trust | 11.34 mm | $20.75 bn |
BK Bank Of New York Mellon | 9.86 mm | $18.05 bn |
BCS Barclays | 7.01 mm | $12.82 mm |
GS Goldman Sachs | 5.59 mm | $10.24 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 May 24 | Kathleen E Johnson | Common Stock | Gift | Acquire G | Yes | No | 0 | 750,000 | 0.00 | 2,212,528 |
8 May 24 | Kathleen E Johnson | Common Stock | Gift | Dispose G | No | No | 0 | 750,000 | 0.00 | 7,006,290 |
2 May 24 | Kathleen E Johnson | Common Stock | Buy | Acquire P | No | No | 1.2798 | 750,000 | 959.85 k | 7,756,290 |
4 Apr 24 | Stansbury Christopher | Common Stock | Payment of exercise | Dispose F | No | No | 1.34 | 32,896 | 44.08 k | 3,879,621 |
6 Mar 24 | Kathleen E Johnson | Common Stock | Gift | Acquire G | Yes | No | 0 | 273,803 | 0.00 | 1,462,528 |
6 Mar 24 | Kathleen E Johnson | Common Stock | Gift | Dispose G | No | No | 0 | 273,803 | 0.00 | 7,006,290 |
1 Mar 24 | Andrea Genschaw | Common Stock | Sale back to company | Dispose D | No | No | 0 | 14,690 | 0.00 | 466,410 |
1 Mar 24 | Andrea Genschaw | Common Stock | Payment of exercise | Dispose F | No | No | 1.62 | 14,439 | 23.39 k | 481,100 |
1 Mar 24 | Andrea Genschaw | Common Stock | Grant | Acquire A | No | No | 0 | 177,294 | 0.00 | 495,539 |
News
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
10 May 24
(LUMN) - Analyzing Lumen Technologies's Short Interest
25 Apr 24
On April 19, 2024, Lumen Technologies Finalized Plans To Reduce Workforce By Less Than 7% Through Combination Of Involuntary And Voluntary Separations - Filing
23 Apr 24
Wondering Where To Find An Over 7% Annual Return? Check Out These 10 Investment-Grade Corporate Bonds
5 Apr 24
Top 10 US Corporate Bonds By Market Performance In 2024: April Update
5 Apr 24
Press releases
Lumen Technologies to Present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference
14 May 24
Lumen Appoints Chad Ho as Executive Vice President and Chief Legal Officer
6 May 24
Lumen unveils AI-powered threat defense tool for businesses
1 May 24
Lumen lands $73.6 million contract with U.S. Government Accountability Office
11 Apr 24
Lumen Technologies sets first quarter 2024 earnings call date
2 Apr 24