Lumen Technologies (LUMN) Misses Q3 EPS by 14c
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Lumen Technologies reports third quarter 2023 results
October 31, 2023 4:30 PM EDTThird Quarter 2023 Highlights
Increased Enterprise Channel revenue of $2.124Â billion for the third quarter 2023, compared to $2.100Â billion for the second quarter 2023. These results showed a significant improvement in year over year rate of decline from the third quarter 2022 when considering the impacts of our divested businessesExpect the proposed sale of its EMEA business to close Nov. 1, subject to meeting customary closing conditionsAccelerated its Quantum Fiber-enabled location pacing, enabling approximately 141 thousand fiber locations during the third quarter... More