Lumen Gains 6% As It Beats Profit Forecast, Lifts 2022 Guidance

seekingalpha2022-05-05

Lumen Technologies (NYSE:LUMN) has jumped 6.2% after hours Wednesday following its first-quarter earnings, where it surprised heavily to the upside on profitability as revenues came in as expected and...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

andy1967
2022-05-05
andy1967
OK good
ShawnKoh1
2022-05-05
ShawnKoh1
Like
qwertytigger
2022-05-05
qwertytigger
Ok
SSVC
2022-05-05
SSVC
K
OddEyeCircle
2022-05-05
OddEyeCircle
Ok
hynne
2022-05-05
hynne
like

Leave a comment

185

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2233088915?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-05-05 08:06","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2233088915","market":"us","top_or_hot":-1,"title":"Lumen Gains 6% As It Beats Profit Forecast, Lifts 2022 Guidance","media":"seekingalpha","content":"<div>\n<p>Lumen Technologies (NYSE:LUMN) has jumped 6.2% after hours Wednesday following its first-quarter earnings, where it surprised heavily to the upside on profitability as revenues came in as expected and...</p>\n\n<a href=\"https://seekingalpha.com/news/3832637-lumen-gains-6-as-it-beats-profit-forecast-lifts-2022-guidance\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lumen Gains 6% As It Beats Profit Forecast, Lifts 2022 Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLumen Gains 6% As It Beats Profit Forecast, Lifts 2022 Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-05 08:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3832637-lumen-gains-6-as-it-beats-profit-forecast-lifts-2022-guidance><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lumen Technologies (NYSE:LUMN) has jumped 6.2% after hours Wednesday following its first-quarter earnings, where it surprised heavily to the upside on profitability as revenues came in as expected and...</p>\n\n<a href=\"https://seekingalpha.com/news/3832637-lumen-gains-6-as-it-beats-profit-forecast-lifts-2022-guidance\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4089","symbol_name":"非传统电信运营商","start_time":0,"source_url":"https://seekingalpha.com/news/3832637-lumen-gains-6-as-it-beats-profit-forecast-lifts-2022-guidance","article_id":"2233088915","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2233088915","pubTimestamp":1651709187,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Lumen Technologies (NYSE:LUMN) has jumped 6.2% after hours Wednesday following its first-quarter ear","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4089":"非传统电信运营商","BK4535":"淡马锡持仓","LUMN":"Lumen Technologies","BK4554":"元宇宙及AR概念"},"translate_title":"流明股价上涨6%，超出盈利预测，提升2022年指导意见","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LUMN":1},"content_text":"Lumen Technologies (NYSE:LUMN) has jumped 6.2% after hours Wednesday following its first-quarter earnings, where it surprised heavily to the upside on profitability as revenues came in as expected and the company cut some costs, and boosted full-year guidance.Revenue fell about 7% as expected, to $4.68 billion. Net income, though, jumped to $599 million from $475 million; excluding special items, it rose to $636 million, easily clearing Wall Street's expectations.That came as cost of services and products fell 7% and capital expenditures dipped by $139 million.\"We maintained healthy margins and cash flow and expect to close our two previously announced large transactions later this year, which will help improve our revenue mix,\" says President/CEO Jeff Storey. \"We are excited by significant recent Enterprise wins, and our Quantum Fiber build is accelerating, both of which provide us confidence as we execute on our plans to drive toward revenue growth.\"Revenue by sales channel: International and Global Accounts, $999 million (down 2%); Large Enterprise, $877 million (down 8%); Mid-market Enterprise, $636 million (down 8%); Wholesale, $889 million (down 4%); Mass Markets, $1.28 billion (down 11%).With the changes to expected timing of sales of Lumen's Latin American business and 20-state ILEC business, it's raising full-year guidance: It now sees EBITDA at $6.9 billion-$7.1 billion, up from $6.5 billion-$6.7 billion, and free cash flow is now forecast at $2.0 billion-$2.2 billion, up from $1.6 billion-$1.8 billion.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9068339056,"gmtCreate":1651715819079,"gmtModify":1676534955647,"author":{"id":"3577153253038717","authorId":"3577153253038717","authorIdStr":"3577153253038717","name":"andy1967","avatar":"https://static.tigerbbs.com/4c9eab1ea6730e01c8143915e463cc57","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3577153253038717"},"htmlText":"OK good","listText":"OK good","text":"OK good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068339056","repostId":2233088915,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9068940788,"gmtCreate":1651712611365,"gmtModify":1676534954611,"author":{"id":"3570598542159923","authorId":"3570598542159923","authorIdStr":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3570598542159923"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068940788","repostId":2233088915,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9068955186,"gmtCreate":1651712272249,"gmtModify":1676534954519,"author":{"id":"3561892841054790","authorId":"3561892841054790","authorIdStr":"3561892841054790","name":"qwertytigger","avatar":"https://static.tigerbbs.com/af244aeea31b1a8cae02d68b99716c72","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3561892841054790"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068955186","repostId":2233088915,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9068958584,"gmtCreate":1651712118952,"gmtModify":1676534954475,"author":{"id":"3574906731000207","authorId":"3574906731000207","authorIdStr":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068958584","repostId":2233088915,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9068924891,"gmtCreate":1651711697082,"gmtModify":1676534954296,"author":{"id":"3582065904370135","authorId":"3582065904370135","authorIdStr":"3582065904370135","name":"OddEyeCircle","avatar":"https://static.tigerbbs.com/bd89742cea79ac97ec7da1a7bdbc2a14","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582065904370135"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068924891","repostId":2233088915,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9068965141,"gmtCreate":1651710885422,"gmtModify":1676534953873,"author":{"id":"3579785829632833","authorId":"3579785829632833","authorIdStr":"3579785829632833","name":"hynne","avatar":"https://static.tigerbbs.com/f2a786289d732ce5829c1b81bf2b5e30","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3579785829632833"},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068965141","repostId":2233088915,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":185,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2233088915"}