Lumen Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
November 05, 2024 at 04:03 pm
Lumen Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 3,221 million compared to USD 3,641 million a year ago. Net loss was USD 148 million compared to USD 78 million a year ago. Basic loss per share from continuing operations was USD 0.15 compared to USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to USD 0.08 a year ago.
For the nine months, sales was USD 9,779 million compared to USD 11,040 million a year ago. Net loss was USD 140 million compared to USD 8,303 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 8.45 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 8.45 a year ago.