Lumen Technologies Reiterates 2024 Financial Outlook, Adjusted EBITDA At $4.1B-$4.3B
Portfolio Pulse from Benzinga Newsdesk
Lumen Technologies has reaffirmed its financial outlook for 2024, projecting an Adjusted EBITDA of between $4.1 billion and $4.3 billion.

April 30, 2024 | 9:51 pm
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Lumen Technologies reaffirms its 2024 financial outlook with an Adjusted EBITDA projection of $4.1B-$4.3B.
Reaffirming financial outlooks generally instills confidence in investors, suggesting that the company is on track to meet or exceed its financial targets. This positive reinforcement of Lumen's financial goals for 2024 is likely to be viewed favorably by the market, potentially leading to a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100