Lumen Technologies, Inc. is a global technology company that provides a broad range of communication and data services
It specializes in offering high-speed internet, cloud solutions, and managed services to businesses and consumers, focusing on enhancing connectivity and digital experiences. The company leverages its extensive network infrastructure to deliver reliable and secure communication solutions, catering to a variety of sectors including education, healthcare, and government. Lumen also emphasizes innovation in areas such as edge computing and Internet of Things (IoT) applications, aiming to support organizations in their digital transformation efforts.
Telecom company Lumen Technologies (NYSELUMN) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 5.3% year on year to $3.33 billion. Its non-GAAP profit of $0.09 per share was significantly above analysts’ consensus estimates.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the wireless, cable and satellite industry, including Verizon (NYSEVZ) and its peers.
