Lumen Technologies Inc Ordinary Shares
LUMN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !.T | LOCK|#@! | LOCK|!cZ |
Lumen Earnings: Revenue Trends Appear to Have Improved, but Details Remain Messy
Lumen's second-quarter revenue declined 9%, or 3% excluding the residential fiber network sale. Enterprise revenue was down less than 2% year over year versus an average decline of 4% in recent quarters. However, Lumen again announced no new fiber deals. EBITDA contracted in line with revenue.
