Lumen Stock Climbs After Q3 Earnings Report: Details
1. LUMN's Q3 earnings beat expectations on revenue and losses. 2. Quarterly revenue reached $3.08 billion, surpassing estimates of $3.03 billion. 3. Debt refinancing expected to save $135 million in annual interest. 4. Successful execution of Phase I ERP and progress on AT&T sale. 5. New $1 billion deals in Private Connectivity Fabric announced this October.