LUMN

Lumen Technologies Posts Wider Loss As Revenue Decline In Q3

(RTTNews) - Lumen Technologies (LUMN) on Thursday reported a third-quarter net loss of $621 million, compared with a loss of $148 million in the same quarter of 2024. The loss per share widened to $0.62 from $0.15 a year earlier.

Revenue fell 4 percent to $3.09 billion from $3.22 billion, while total operating expenses increased 3 percent to $3.20 billion from $3.10 billion.

LUMN closed Thursday's trading at $10.34, down $0.66 or 6.00 percent on the New York Stock Exchange.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.