Lumen Reports Over $900M in Q2 Losses
Summary by broadbandbreakfast.com
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Lumen Reports Over $900M in Q2 Losses
WASHINGTON, July 31, 2025 – For anyone wondering if it was possible for a company to lose nearly $1 billion in three months, Lumen has an answer for you.The internet-service provider announced Thursday afternoon that it had sustained losses totalling $915 million in Q2. That prompted its stock to take a nosedive after markets closed, dropping nearly 7.5 percent before recovering slightly to $4.25 a share as of 5:30 PM ET, $0.20 lower than at clo…
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