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Lumen Technologies Q3 Loss Widens, Revenue Falls; Shares Down After Hours
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Lumen Technologies Q3 Loss Widens, Revenue Falls; Shares Down After Hours
Nov 9, 2024 11:03 AM

04:24 PM EST, 11/05/2024 (MT Newswires) -- Lumen Technologies ( LUMN ) reported late Tuesday a Q3 loss excluding special items of $0.13 per diluted share, wider than a loss of $0.09 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.08 per share.

Revenue for the quarter ended Sept. 30 was $3.22 billion, down from $3.64 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.21 billion.

Shares of the company were down 6% in recent after-hours activity.

Price: 7.15, Change: -0.46, Percent Change: -6.04

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