Lumen Technologies

Lumen is expanding its multi-cloud gateway so that more than 10 million U.S. business locations outside its own fiber network can access the same cloud network environment. Via the Lumen-Connect-Portal and APIs, customers can apply routing policies, segmentation and digital management across locations, even when sites are connected via third parties. The offering aims to solve connectivity and management issues for companies with multi-cloud environments and is available via Ethernet Fabric Connect and by API. » More on de.investing.com

Lumen expanded its cloud modernization partnership with Amdocs to migrate its order management platform to AWS, aiming to accelerate its Network-as-a-Service pivot and operate across all three major cloud providers. The new business segment grew 14% year over year to $1.3 billion and now accounts for over 50% of revenue, while legacy operations continue to decline. CEO Kate Johnson purchased 100,000 shares, signaling confidence, but the company faces profitability pressure with a $1.0 billion net loss over the trailing twelve months and more than $13 billion in long-term debt. » More on finance.yahoo.com

Lumen has launched the managed detection and response service Lumen Defender Advanced AMDR for Palo Alto Networks’ Cortex XSIAM platform. The solution combines Lumen’s MDR capabilities with threat research from Black Lotus Labs and provides alert grouping, threat scoping, and automated investigation and response functions for co-managed and fully managed SOC models. The goal is to speed up detection and reduce high alert volumes in security operations. According to InvestingPro, Lumen’s stock is currently trading above its fair value, shows high volatility, and has analyst-implied upside potential of about 26% versus the price target. » More on de.investing.com