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Lumen Technologies, Inc. (0HVP.L)
- Reuters
Lumen misses first-quarter revenue estimates on declining wireline demand
Telecommunications services firm Lumen Technologies missed Wall Street estimates for quarterly revenue on Tuesday as customers move away from its core local wireline telephone services to wireless carriers. Lumen has a network of fiber optic and copper cables and provides cloud-based communication services and IT solutions to businesses and users, helping them manage calls, messages and video meetings via a single interface. Earlier this month, Lumen said it plans to reduce its workforce by less than 7%, which would be completed by the second quarter.
- PR Newswire
Lumen Technologies reports first quarter 2024 results
Lumen Technologies, Inc. (NYSE: LUMN) reported results for the first quarter ended March 31, 2024.
- Zacks
Lumen (LUMN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Lumen (LUMN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.
