Investment
Features
FeesSafety
Academy
More
Pluang+
|
Home/News Feed/Lumen Technologies beats Q2 revenue estimates despite 9% decline, maintains full-year guidance.
LUMN
$6.07
-$0.64 -9.54%

Lumen Technologies beats Q2 revenue estimates despite 9% decline, maintains full-year guidance.

Company Fundamentals
05 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Lumen Technologies reported second-quarter revenues that exceeded analyst estimates despite a 9% year-over-year decline. The company's Strategic Business segment, which now accounts for over half of its Business segment, grew by 14.1%, reflecting progress in its digital transformation efforts. Lumen maintained its full-year guidance and expects free cash flow between $1.9 billion and $2.1 billion. The stock is currently valued at 0.63 times sales, with analysts holding a consensus rating of Hold and an average price target suggesting a potential 24% upside.

More News (LUMN)

Lumen expands multi-cloud strategy with Amdocs to modernize service orchestration on AWS using AI.

Lumen expands multi-cloud strategy with Amdocs to modernize service orchestration on AWS using AI.

Lumen Technologies is advancing its multi-cloud strategy by partnering with Amdocs to modernize its enterprise service orchestration and order management platform on Amazon Web Services (AWS). This initiative builds on previous migrations to Google C...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App