{"id":8052,"date":"2023-11-01T11:18:11","date_gmt":"2023-11-01T11:18:11","guid":{"rendered":"https:\/\/infundpros.com\/investment\/lumen-technologies-stock-rises-on-revenue-beat\/"},"modified":"2023-11-01T11:18:12","modified_gmt":"2023-11-01T11:18:12","slug":"lumen-technologies-stock-rises-on-revenue-beat","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=8052","title":{"rendered":"Lumen Technologies\u2019 stock rises on revenue beat"},"content":{"rendered":"
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Lumen Technologies Inc.\u2019s LUMN stock see-sawed before rising 1% in extended trading Tuesday after the telecommunications company reported quarterly results. Lumen Technologies reported a fiscal third-quarter net loss of $78 million, or 8 cents a share, compared with net earnings of $578 million, or 57 cents a share, in the year-ago quarter. Revenue was $3.64 billion, compared with $4.4 billion a year ago. Analysts surveyed by FactSet had expected on average net earnings of 4 cents a share on revenue of $3.6 billion. Shares of Lumen Technologies have plunged 72% this year, while the broader S&P 500 index SPX has increased…\n <\/p>\n<\/p><\/div>\n<\/div>\n

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Lumen Technologies Inc.\u2019s LUMN stock see-sawed before rising 1% in extended trading Tuesday after the telecommunications company reported quarterly results. Lumen Technologies…<\/p>\n","protected":false},"author":1,"featured_media":1240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-8052","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investment"},"yoast_head":"\nLumen Technologies\u2019 stock rises on revenue beat | inFundPros<\/title>\n<meta name=\"description\" content=\"Lumen Technologies Inc.\u2019s LUMN stock see-sawed before rising 1% in extended trading Tuesday after the telecommunications company reported quarterly\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=8052\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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