Shares of Lumen Technologies Inc. were tumbling 12% in after-hours trading Tuesday after the telecommunications company beat expectations with its latest...
Shares of Lumen Technologies Inc.
were tumbling 12% in after-hours trading Tuesday after the telecommunications company beat expectations with its latest earnings and revenue figures but came up short with its outlook for free-cash flow. The company reported a fourth-quarter net loss of $3.07 billion, or $3.08 a share, whereas it generated net income of $508 million, or 50 cents a share, in the year-earlier period. The loss for the latest quarter included a $3.27 billion non-cash impairment charge.
were tumbling 12% in after-hours trading Tuesday after the telecommunications company beat expectations with its latest earnings and revenue figures but came up short with its outlook for free-cash flow. The company reported a fourth-quarter net loss of $3.07 billion, or $3.08 a share, whereas it generated net income of $508 million, or 50 cents a share, in the year-earlier period. The loss for the latest quarter included a $3.27 billion non-cash impairment charge.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
CMG Stock Price | Chipotle Mexican Grill Inc. Stock Quote (U.S.: NYSE) | MarketWatchCMG | Complete Chipotle Mexican Grill Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Consulte Mais informação »
Dell Technologies to lay off 5% of its workforceThe technology giant, Dell, headquartered in Texas, announced it will lay off nearly 5% of its workforce.
Consulte Mais informação »
Pinterest fails to pique Wall Street interest with downbeat forecastImage-sharing platform Pinterest Inc reported lower-than-expected quarterly revenue on Monday joining peers Alphabet Inc and Snap Inc in sounding the alarm on a still-weak ad market.
Consulte Mais informação »
Deceive Inc. Releases Free Demo With Launch Set For Late MarchICYMI: Try out a free demo of DeceiveInc from TripwireInteractive for SteamNextFest before the game comes out next month. indiedev indiegame
Consulte Mais informação »
Plants inspire scientists to recover minerals, metals from wastewaterResearchers are adapting plant 'membrane separation mechanisms' so they can be embedded in wastewater recycling technologies.
Consulte Mais informação »
Blink Charging projects revenue beat while looking to sell stock, shares fall in late tradingBlink Charging Co. shares sank in late trading Monday, after the electric-vehicle-charging company detailed plans to sell more shares while offering an early...
Consulte Mais informação »