Lumen is guided by its belief that humanity is at its best when technology advances the way we live and work. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, it delivers the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.
Company profile
Ticker
LUMN
Exchange
Website
CEO
Jeffrey Storey
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CENTURY TELEPHONE ENTERPRISES INC, CENTURYLINK, INC, CENTURYTEL INC
SEC CIK
Corporate docs
Subsidiaries
Actel, LLC • Century Cellunet International, Inc. • Cellunet of India Limited • Century Telephone of West Virginia, Inc. • CenturyLink Communications, LLC • Boxgate Holdings, LLC • ELASTICBOX INC. • Q Fiber, LLC • Qwest International Services Corporation • Qwest Transoceanic, Inc. ...
IRS number
720651161
LUMN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Other Events
27 Mar 23
8-K
Exchange Offers for Lumen Senior Notes
16 Mar 23
10-K
2022 FY
Annual report
23 Feb 23
8-K
Lumen Technologies reports fourth quarter 2022 results
7 Feb 23
8-K
Departure of Directors or Certain Officers
2 Feb 23
8-K
Regulation FD Disclosure
27 Jan 23
8-K
Departure of Directors or Certain Officers
14 Dec 22
8-K
Regulation FD Disclosure
15 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Lumen Technologies reports third quarter 2022 results
2 Nov 22
Transcripts
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
LUMN
Earnings call transcript
2021 Q3
4 Nov 21
LUMN
Earnings call transcript
2021 Q2
5 Aug 21
LUMN
Earnings call transcript
2021 Q1
6 May 21
LUMN
Earnings call transcript
2020 Q4
11 Feb 21
LUMN
Earnings call transcript
2020 Q3
5 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| 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) | 1.31 bn | 1.31 bn | 1.31 bn | 1.31 bn | 1.31 bn | 1.31 bn |
| Cash burn (monthly) | (no burn) | (no burn) | 1.09 bn | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | n/a | 3.24 bn | n/a | n/a | n/a |
| Cash remaining | n/a | n/a | -1.93 bn | n/a | n/a | n/a |
| Runway (months of cash) | n/a | n/a | -1.8 | n/a | n/a | n/a |
Institutional ownership, Q4 2022
80.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 733 |
| Opened positions | 119 |
| Closed positions | 141 |
| Increased positions | 211 |
| Reduced positions | 267 |
| 13F shares | Current |
|---|---|
| Total value | 4.23 tn |
| Total shares | 809.55 mm |
| Total puts | 17.01 mm |
| Total calls | 19.00 mm |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 115.78 mm | $604.36 bn |
| BLK Blackrock | 77.86 mm | $406.42 bn |
| STT State Street | 53.90 mm | $281.34 bn |
| IVZ Invesco | 43.45 mm | $226.80 bn |
| Southeastern Asset Management | 39.89 mm | $208.21 bn |
| Temasek | 31.26 mm | $163.19 bn |
| Pacer Advisors | 21.59 mm | $112.68 bn |
| Arrowstreet Capital, Limited Partnership | 21.51 mm | $112.26 bn |
| Geode Capital Management | 20.70 mm | $108.06 bn |
| First Trust Advisors | 17.82 mm | $93.13 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mar 23 | Kathleen E Johnson | Common Stock | Grant | Acquire A | No | No | 0 | 3,649,635 | 0.00 | 4,148,592 |
| 1 Mar 23 | Sham Chotai | Common Stock | Grant | Acquire A | No | No | 0 | 640,287 | 0.00 | 640,287 |
| 1 Mar 23 | Stansbury Christopher | Common Stock | Grant | Acquire A | No | No | 0 | 1,920,861 | 0.00 | 2,654,623 |
| 1 Mar 23 | Stacey W Goff | Common Stock | Sale back to company | Dispose D | No | No | 0 | 85,422 | 0.00 | 1,257,971 |
| 1 Mar 23 | Stacey W Goff | Common Stock | Payment of exercise | Dispose F | No | No | 3.23 | 31,091 | 100.42 k | 1,343,393 |
| 1 Mar 23 | Stacey W Goff | Common Stock | Grant | Acquire A | No | No | 0 | 576,258 | 0.00 | 1,374,484 |
| 1 Mar 23 | Scott Trezise | Common Stock | Sale back to company | Dispose D | No | No | 0 | 42,711 | 0.00 | 1,158,792 |
| 1 Mar 23 | Scott Trezise | Common Stock | Payment of exercise | Dispose F | No | No | 3.23 | 19,435 | 62.78 k | 1,201,503 |
| 1 Mar 23 | Scott Trezise | Common Stock | Grant | Acquire A | No | No | 0 | 768,344 | 0.00 | 1,220,938 |
News
Microsoft Taps OpenAI's Latest GPT-4 For Cybersecurity Solutions
29 Mar 23
Lumen Faces 2 Ransomware Attacks, Working With Experts To Evaluate And Minimize Impact
27 Mar 23
On March 27, 2023, Lumen Announced Two Cybersecurity Incidents, And Is Currently Taking Measures To Assess, Contain And Remediate The Incidents, As Well As Evaluate Potential Responses And Assess The Potential Impact Of Both Events
27 Mar 23
Stocks That Hit 52-Week Lows On Thursday
16 Mar 23
Analyst Ratings for Lumen Technologies
13 Mar 23
Press releases
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Lumen Technologies, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2023 - (NYSE: LUMN)
29 Mar 23
LUMN ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of May 2, 2023 in the Class Action Filed on Behalf of Lumen Technologies, Inc. Limited Shareholders
28 Mar 23
Lumen Deadline Alert
28 Mar 23
Lumen Class Action: Levi & Korsinsky Reminds Lumen Technologies, Inc. Investors of The Pending Class Action Lawsuit With a Lead Plaintiff Deadline of May 2, 2023 - LUMN
28 Mar 23
DEADLINE ALERT for BROS, CGNT, and LUMN: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
28 Mar 23