NYSE:LUMNTelecom
Lumen Technologies (LUMN) Stock Sinks As Losses And Legacy Declines Persist
Lumen Technologies went into this earnings print as a low priced turnaround stock, then the market sliced the shares by about 9% to around US$6. That looks like a blunt verdict on a telecom company still working through deep losses, with basic earnings per share at roughly a 20 cent loss in both Q1 and Q2 2026 and trailing 12 month net income also in the red. The headline this quarter is not revenue at about US$2.8b; it is the strain from ongoing losses sitting on top of an already stretched...