Elon Musk highlighted a DOGE audit revealing $100 million in annual government waste on unused phone lines, a move that could impact telecom giants like Verizon, AT&T, and T-Mobile by threatening future federal contracts.
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 - 1.4%) as Treasury yields rose, reflecting market anxiety over a draft federal budget that could worsen the already wide US fiscal deficit.
Lumen Technologies shares are soaring in Wednesday's after-hours session after the company announces the sale of its consumer fiber-to-the-home business to AT&T.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Lumen (NYSE:LUMN) and the rest of the terrestrial telecommunication services stocks fared in Q1.
Let’s dig into the relative performance of Cogent (NASDAQ:CCOI) and its peers as we unravel the now-completed Q1 terrestrial telecommunication services earnings season.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the telecommunication services industry, including Globalstar (NASDAQ:GSAT) and its peers.
Telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) reported Q1 CY2025 results topping the market’s revenue expectations, but sales fell by 3.3% year on year to $3.18 billion. Its non-GAAP loss of $0.13 per share was 51.1% above analysts’ consensus estimates.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Telephone and Data Systems (NYSE:TDS) and its peers.
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. Still, investors are uneasy as firms face challenges from AI-driven disruptors and tightening corporate budgets.
These doubts have caused the industry to lag recently as services stocks have collectively shed 12% over the past six months. This drop was worse than the S&P 500’s 5.8% loss.
Telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) reported Q1 CY2025 results topping the market’s revenue expectations, but sales fell by 3.3% year on year to $3.18 billion. Its non-GAAP loss of $0.13 per share was 51.2% above analysts’ consensus estimates.
Telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) will be reporting results tomorrow after market hours. Here’s what to look for.
Let’s dig into the relative performance of Lumen (NYSE:LUMN) and its peers as we unravel the now-completed Q4 terrestrial telecommunication services earnings season.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the terrestrial telecommunication services industry, including U.S. Cellular (NYSE:USM) and its peers.
Lumen Tech said it was partnering with Google Cloud to deliver “advanced cloud and network solutions that meet the rising demands of enterprise customers.”
