Lumen Technologies Rises Despite Q3 Revenue Falling Short
Core Insights - Lumen Technologies (NYSE: LUMN) exceeded adjusted earnings expectations and delivered cash flow that was ahead of forecasts in Q3 [1] - However, the company's revenue fell short of estimates due to a continued decline in legacy telecom segments [1] Financial Performance - Adjusted earnings expectations were beaten, indicating strong operational performance [1] - Cash flow performance was better than forecasted, suggesting effective cash management [1] - Revenue performance did not meet estimates, highlighting challenges in the legacy telecom business [1]