LVLT Level 3 Parent

We are an international facilities-based communications company engaged primarily in providing an integrated array of services to our customers. Our specific products and services are detailed below under the heading "Operations - Products and Services."

Company profile

Fiscal year end
Former names
IRS number


3 Mar 21
13 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 205M 205M 205M 205M 205M 205M
Cash burn (monthly) 21.67M 11.08M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 74.4M 38.06M n/a n/a n/a n/a
Cash remaining 130.6M 166.94M n/a n/a n/a n/a
Runway (months of cash) 6.0 15.1 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Financial report summary

AT&TOrange.AkamaiEquinixLimelight NetworksZayoFastlyZayoZscaler
Management Discussion
  • Our analysis presented below is organized to provide the information we believe will be useful for understanding the relevant trends affecting our business. This discussion should be read in conjunction with our consolidated financial statements and the notes thereto in Item 8 of this report.
  • •Affiliate Services, which includes telecommunication services provided to our affiliates that we also provide to our external customers.
  • From time to time, we may change the categorization of our products and services.
Content analysis
H.S. freshman Avg
New words: aberrant, activist, advocacy, Biden, capture, clarification, collocation, combat, contempt, correlation, COVID, cybersecurity, debtholder, delevering, deteriorate, deterioration, discovered, disease, divestiture, donating, ease, fast, GDPR, holistic, hybrid, ICT, implicating, indebted, IRS, judgement, lumen, master, narrative, occasion, officially, onboarding, outbreak, outlined, overtime, pandemic, precautionary, predominantly, preferable, prominent, pronounced, quantitative, reconfigure, regression, Revolution, rioting, role, school, signaling, situation, slowdown, societal, solving, spread, subheading, Supplementary, threshold, tracking, travel, undergoing, underscored, underway, unexpected, unidentified, unprecedented, unqualified, urgency, usher, vaccination, Venezuela, voluntary, write
Removed: abrupt, absence, accelerated, accept, accidental, acquiring, add, adjudicative, affordable, age, agency, agent, aggressive, alleged, American, applicability, April, arbitration, Argentina, armed, arriving, assert, assignment, assumption, automate, automatically, award, awarding, AWS, bankruptcy, behavior, bolstering, Brazil, breach, breached, breakage, broader, burdened, cancelable, catastrophic, categorize, certified, challenge, choose, closing, collected, Colombia, commencing, commercial, commercially, comparison, compel, computer, conferencing, configuration, confirmed, conform, congestion, congressional, constrained, consuming, consummation, contemplating, continually, Conversely, convert, converted, cooperation, corruption, counterparty, covered, creation, criminal, curb, debate, decide, deductible, defend, Department, deprivation, derive, destructive, digitization, diminish, disbarred, discretionary, dispute, disseminate, distract, diversification, diversify, divest, documentation, download, economically, eligible, eliminating, email, employer, employment, enabled, enact, energy, entry, environmentally, equipped, equivalent, estimation, evergreen, evident, exacerbate, excise, existence, expanded, expatriate, expend, experiencing, extensively, factual, fashion, Finally, financially, fire, flood, fluctuate, formal, formula, found, fractional, franchise, fraudulent, fraudulently, frequency, gaming, greenhouse, ground, growing, hampering, handle, harmful, homeland, identify, impair, impede, import, impose, improper, improvement, inadvertence, incentive, inconsistent, incurring, induce, inflation, infringe, initiate, insinuate, install, installed, insure, interdependent, introduction, IRC, issuing, ix, judicially, launch, lent, lieu, limiting, loaned, losing, malware, marketability, marketplace, matching, mentioned, merged, merger, messaging, minimizing, minimum, misappropriate, mistake, morale, municipal, nationally, negligent, newly, numeric, obligated, obsolescence, obtainable, occurrence, older, optimize, ordered, origin, outdated, outsource, ownership, panel, participant, penalty, planned, pop, posed, practicably, practice, preceding, preclude, preliminary, prepaid, presence, priced, problem, producing, programming, prohibition, prolonged, protective, protracted, provisional, provisionally, quickly, quote, ransomware, rapid, receiving, reclassified, recruiting, redesigned, refinancing, refuse, regulating, remitted, render, renegotiate, renegotiation, replace, replacement, rescission, reset, revaluation, revalued, revised, RSU, satellite, satisfaction, satisfactory, scrutiny, settle, shortage, sophisticated, sought, specificity, speculation, spend, stable, staffing, stagnation, storing, Street, strive, submission, succeeding, successor, sufficiently, superior, survived, surviving, swiftly, switch, talent, taxation, team, thereunder, train, transmit, treasury, Trust, turbulent, unanticipated, unauthorized, unavailability, unclear, underdeveloped, unequal, uniform, unprofitable, unsettled, updated, updating, utilization, vandalism, varying, Verizon, vesting, violate, violating, violation, violence, Wall, war, warrant, weak, win, withdrawn