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home / news releases / LUMN - Lumen Technologies Q1 Earnings Takeaway: Transformation Takes Hold

LUMN - Lumen Technologies Q1 Earnings Takeaway: Transformation Takes Hold

CenturyLink Inc.

2024-05-02 14:07:47 ET

Summary

  • Lumen Technologies' stock dropped since its last quarterly earnings report.
  • LUMN's revenue fell by 12.0% in the first quarter, but its fiber broadband segment showed strong growth.
  • Lumen reiterated its full-year guidance and has positive catalysts ahead, but its transformation is not without risks.
  • The transformation opportunity is discussed amid GenAI and multi-cloud.

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For further details see:

Lumen Technologies Q1 Earnings Takeaway: Transformation Takes Hold
Stock Information
Company Name: CenturyLink Inc.
Stock Symbol: LUMN
Market: NYSE
Website: lumen.com
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