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Lumos Networks (LMOS) Tops Q3 EPS by 1c

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Lumos Networks (LMOS) PT Bumped to $18 at Jefferies

November 11, 2016 7:18 AM EST

Jefferies analyst Scott Goldman reiterated a Buy rating and bumped his price target on Lumos Networks (NASDAQ: LMOS) to $18.00 (from $16.00) noting two important steps in the transition plan.

Goldman commented, "Enterprise revenue growth accelerated to 17.2% and the longer-term outlook continues to point... More

Lumos Networks (LMOS) to Acquire Clarity Communications Group

November 9, 2016 8:12 AM EST

Lumos Networks Corp. (Lumos Networks) (NASDAQ: LMOS), a leading fiber-based service provider in the mid-Atlantic region today announced it signed a purchase agreement to acquire Clarity Communications Group (Clarity), which operates a 730 mile fiber network with 75 on-net locations located across four states in the south-eastern United States. The vast majority of Claritys operations and fiber... More