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Lumos Networks Corp (LMOS.OQ)

LMOS.OQ on NASDAQ Stock Exchange Global Select Market

17.91USD
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Lumos Networks Corp files for non-timely 10-K
Friday, 17 Mar 2017 08:30am EDT 

Lumos Networks Corp : Lumos Networks Corp files for non-timely 10-k - SEC filing . Lumos Networks - needs time to complete financial reporting assessment with respect to an identified material weakness in internal control over financial reporting . Lumos Networks - material weakness over financial reporting due to insufficient review procedures over accounting for certain financing arrangements in income taxes . Lumos Networks - does not expect any changes to the results it previously reported in its press release dated March 8, 2017 .Lumos Networks - company expects to file the form 10-K within the extension period of 15 calendar days.  Full Article

Lumos Networks posts Q4 earnings per share $0.00
Tuesday, 7 Mar 2017 08:00am EST 

Lumos Networks Corp : Lumos Networks Corp reports full year 2016 results . Q4 earnings per share $0.00 . Q4 revenue $51.9 million versus I/B/E/S view $52.2 million .Q4 earnings per share view $0.05 -- Thomson Reuters I/B/E/S.  Full Article

Lumos Networks suspends Q4 2016 earnings call
Friday, 3 Mar 2017 04:00pm EST 

Lumos Networks Corp : Lumos Networks suspends fourth quarter of 2016 earnings call . Lumos Networks Corp - in light of pending acquisition of company by eqt infrastructure, company will not host a q4 of 2016 earnings conference call .Lumos Networks Corp - continues to expect acquisition of Lumos Networks by eqt infrastructure to be completed during q3 of 2017.  Full Article

Lumos Networks enters deal to be acquired by EQT Infrastructure for $18.00/share
Monday, 20 Feb 2017 09:00am EST 

Lumos Networks Corp : Lumos Networks enters into definitive agreement to be acquired by EQT Infrastructure . Deal for $18.00 per share . EQT Infrastructure to pay $18.00 per share in all-cash transaction . Deal for enterprise value of approximately $950 million . Wells Fargo Securities, Llc and Ubs Investment Bank served as co-financial advisors to Lumos Networks in connection with transaction . Under terms of agreement, EQT Infrastructure will acquire all of Lumos Networks' common stock .Says Morgan Stanley & Co. Llc acted as exclusive financial advisor to EQT Infrastructure.  Full Article

Lumos networks closes on the acquisition of DC74 data centers
Wednesday, 1 Feb 2017 06:00am EST 

Lumos Networks Corp - :Lumos Networks closes on the acquisition of DC74 data centers.  Full Article

Lumos Networks reports Q2 earnings per share $0.05
Wednesday, 3 Aug 2016 07:00am EDT 

Lumos Networks Corp : Reports second quarter 2016 results . Q2 revenue $52.4 million versus i/b/e/s view $51.7 million . Q2 earnings per share view $0.03 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.05 . Sees fy 2016 revenue $206 million to $210 million . Reiterate 2016 annual guidance for revenue of $206-$210 million and adjusted ebitda of $93-$96 million . Sees FY 2016 capital expenditures of $85 to $95 million .FY2016 revenue view $207.4 million -- Thomson Reuters I/B/E/S.  Full Article

Lumos Networks Corp reiterates FY 2015 guidance
Wednesday, 5 Aug 2015 07:36pm EDT 

Lumos Networks Corp:Reiterates FY 2015 revenue and Adjusted EBITDA guidance of about $202 million and about $92 million, respectively.FY 2015 revenue of $202 million and EBITDA of $91 million - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Lumos Networks Corp files for non-timely 10-K

* Lumos Networks - needs time to complete financial reporting assessment with respect to an identified material weakness in internal control over financial reporting