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An announcement from Lumen Technologies ( (LUMN) ) is now available.
Lumen Technologies reported its third-quarter 2024 results, showcasing significant operational progress with record net subscription additions in Quantum Fiber and successful sales of its Private Connectivity Fabric. Despite a net loss of $148 million, Lumen’s digital service capabilities are gaining traction, positioning the company as a key player in supporting the AI economy. The firm also reported a substantial free cash flow of $1.2 billion, highlighting its financial resilience amid ongoing transformations.
For a thorough assessment of LUMN stock, go to TipRanks’ Stock Analysis page.
