05:46 PM EDT, 08/06/2024 (MT Newswires) -- Lumen Technologies ( LUMN ) reported a Q2 loss excluding special items late Tuesday of $0.13 per diluted share, swinging from earnings of $0.10 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.04 per share normalized.

Revenue for the quarter ended June 30 was $3.27 billion, compared with $3.66 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.25 billion.

Shares of the company soared 38% in recent after-hours activity.

Price: 7.1200, Change: +2.12, Percent Change: +42.40