{"filings":[{"id":676797,"accession_number":"0001193125-26-240338","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-05-27T10:02:11+00:00","items":["5.02","5.07","5.03","9.01"],"status":"ready","headline":"Lumen shareholders approve 45.6M share increase to equity plan, eliminate supermajority votes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Approved Amended & Restated 2024 Equity Incentive Plan, increasing shares from 43M to 88.6M (45.6M new shares).","Shareholders approved removal of supermajority voting for director removal, business combinations, and bylaw amendments.","Shareholders did NOT approve removal of supermajority for director indemnification/liability limitations (15.4M against vs 665.3M for).","All nine director nominees elected; KPMG LLP ratified as auditor for 2026 (826.4M for).","Advisory say-on-pay passed with 652M for; shareholder proposal on rights plan vote defeated (327.3M for vs 357.6M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":581801,"accession_number":"0001193125-26-234400","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-05-21T20:05:37+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Lumen subsidiary issues $1.0B of 7.500% Senior Notes due 2037","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing issued $1.0B aggregate principal amount of 7.500% Senior Notes due 2037.","Proceeds used to fund purchase of certain unsecured notes via concurrent tender offers and pay fees.","Interest accrues from May 21, 2026, payable Feb 15 and Aug 15 beginning Feb 15, 2027.","Notes are senior unsecured obligations guaranteed by Level 3 Parent and certain domestic subsidiaries.","Notes not registered under Securities Act; offered only to QIBs and non-U.S. persons under Rule 144A/Reg S."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":554356,"accession_number":"0001193125-26-232567","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-05-20T20:07:32+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen files updated pro forma Q1 2026 results reflecting $5.75B fiber biz sale to AT&T","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pro forma Q1 2026 revenue $2,837M, net loss $222M, diluted EPS $(0.22).","Historical revenue $2,899M; removal of FttH business reduced revenue by $69M.","Pro forma adjustments include $5M TSA fees and $7M from commercial agreements with AT&T.","Historical Q1 includes $596M gain on sale and $226M loss on early debt retirements.","Filing updates prior pro forma; full-year 2025 pro forma was filed in April 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":536996,"accession_number":"0001193125-26-231849","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-05-20T12:59:18+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen announces early results of $750M debt tender offers; $1.41B tendered, $765.9M accepted","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["~$1.41B principal tendered across all note series; $765.9M accepted up to $750M aggregate purchase cap.","Accepted notes: Level 3 Financing 4.250% '28, 3.625% '29, 3.750% sustainability-linked '29 notes.","Early settlement expected May 21, 2026; no further acceptances due to cap. Expiration June 4, 2026.","Offerors include Lumen, Level 3 Financing, and Qwest Capital Funding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":77003,"accession_number":"0001193125-26-222375","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-05-14T01:45:26+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Lumen subsidiary Level 3 refinances $2.4B term loan, cuts margin to SOFR+2.75%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Term Loan Facility of $2.4B, matures March 27, 2032, with no amortization.","Applicable margin reduced to 2.75% for SOFR loans and 1.75% for base rate loans.","Wilmington Trust to resign as admin agent within 180 days; Bank of America to succeed.","Prepayment allowed without premium except 1.00% for repricing within six months of May 13, 2026.","Guaranteed by Level 3's material domestic subs and an unsecured parent guarantee from Lumen."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96595,"accession_number":"0001193125-26-209615","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen unit prices $1B 7.5% notes due 2037; launches $750M tender for existing notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing prices $1B of 7.500% Senior Notes due 2037 at 100% of par; coupon 7.5%.","Concurrent tender offers launched to purchase up to $750M aggregate of 12 series of existing notes.","Net proceeds will fund tender purchases and pay related fees; excess for general corporate purposes.","Offering expected to close May 21, 2026; tender expires June 4, 2026 (early deadline May 19)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96594,"accession_number":"0001193125-26-205251","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen extends early participation date for Qwest note exchange to May 15","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Early participation date and withdrawal deadline extended from May 8 to 5:00 p.m. ET on May 15, 2026.","Exchange offers cover Qwest 6.5% Notes due 2056 and 6.75% Notes due 2057 for new guaranteed notes.","Expiration date remains unchanged at 5:00 p.m. ET on May 26, 2026.","Consent solicitations seek amendments to the indentures governing the Old Qwest Notes.","All other terms of the exchange offers and consent solicitations remain unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96593,"accession_number":"0000018926-26-000045","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Lumen Q1 net loss flat at $(0.20)/share; EBITDA down; announces Alkira acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2026 revenue $2.899B; net loss $(200)M ($(0.20) diluted EPS), flat YoY.","Adjusted EBITDA $849M, down from $929M in Q1 2025; FCF (ex-special items) $756M, up from $354M.","Strategic revenue now 51% of business revenue (up from 49% Q4 2025), surpassing legacy.","Announced agreement to acquire Alkira, cloud-native NaaS platform; no deal value disclosed.","Leverage below 4x after fiber-to-home sale; full-year guidance reaffirmed."],"consensus_eps_estimate":-0.1349,"consensus_eps_actual":-0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":2899000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96592,"accession_number":"0001193125-26-197116","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lumen guarantees Level 3 debt; Level 3 Parent ends separate SEC filings","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lumen provides unconditional senior unsecured guarantee on Level 3's 6.875% notes due 2033 and 7.000% notes due 2034.","Lumen also guarantees Level 3's obligations under its Credit Agreement via a separate Guarantee Agreement dated April 30, 2026.","Level 3 Parent will stop filing standalone SEC reports; Lumen's 10-K/10-Q will include Level 3 Parent's consolidated summary financials.","Guarantees are subject to automatic release if Level 3 ceases to be a Lumen subsidiary or upon defeasance/satisfaction of indentures.","Guarantees are senior unsecured and rank equally with Lumen's other senior unsecured indebtedness."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96591,"accession_number":"0001193125-26-162876","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-04-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen/Qwest launch exchange offers for ~$1.64B of notes; plan to delist old notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange offers for $977.5M of 6.5% notes due 2056 and $660M of 6.75% notes due 2057.","Early exchange consideration: $25 principal + $0.0625 cash per $25; standard: $24.25 principal.","Early participation deadline May 8, 2026; offers expire May 26, 2026.","Qwest intends to delist old notes from NYSE (~April 30 Form 25, effective ~May 11) and deregister.","Lumen provides full unconditional guarantee of the new notes on an unsecured basis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96590,"accession_number":"0000018926-26-000029","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-04-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Lumen CLO Mark Hacker retiring for vocational ministry; Jennifer Hodges named new CLO effective Apr 20, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Hacker, EVP Chief Legal Officer & Public Sector, will retire on May 15, 2026; ceases role on Apr 20.","His retirement is to pursue formation for the permanent diaconate; no disagreement with the company.","Jennifer Hodges (SVP, Corporate Governance, Securities & Litigation) appointed EVP Chief Legal Officer effective Apr 20.","Jeff Sharritts, EVP Chief Revenue Officer, will assume responsibility for Lumen's public sector operations.","Hacker will provide transition services through May 15 to ensure orderly handoff."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96589,"accession_number":"0001193125-26-157915","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-04-16T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Lumen enters $825M revolving credit facility, replacing prior credit agreement","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $825M revolving credit facility matures April 14, 2029; proceeds for general corporate purposes.","Interest rate: Term SOFR + 2.75% or base rate + 1.75%, subject to leverage-based pricing grid.","Financial covenants: max total net leverage ratio 5.25x, min interest coverage ratio 2.00x.","Certain subsidiary guarantees provided; Level 3 Parent guarantees up to $150M secured.","Prior $825M superpriority credit agreement from March 2024 terminated and replaced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96588,"accession_number":"0001193125-26-157904","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-04-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen files updated pro forma showing $1.94B pro forma net loss after $5.75B fiber sale","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pro forma revenue $11.68B, net loss $1.94B, diluted EPS ($1.95) for year ended Dec 31, 2025.","Long-term debt reduced to $12.64B from $17.35B after using ~$4.76B proceeds to repay superpriority notes and loans.","Cash and equivalents rose to $1.96B; includes $250M credit to AT&T for transition and commercial agreements.","Historical results include $740M early debt retirement losses and $628M goodwill impairments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110620,"accession_number":"0001193125-26-109552","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-03-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Lumen board chair Glenn and audit chair Jones to retire; CFO Stansbury named President","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board Chair T. Michael Glenn and Audit Committee Chair Hal Stanley Jones will retire and not stand for re-election at 2026 annual meeting; no disagreement with company.","General Kevin P. Chilton (USAF Ret.) elected as next Board Chair, effective after 2026 annual meeting and contingent on his re-election.","CFO Christopher D. Stansbury appointed President effective March 13, 2026; he will continue as CFO.","CEO Kathleen Johnson remains CEO but relinquishes the President title."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110614,"accession_number":"0000018926-26-000008","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K/A","filed_at":"2026-02-04T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Lumen completes $5.75B fiber sale to AT&T; pro forma net loss widens to $1.87B for 9M 2025","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Net cash proceeds of ~$5.72B from sale of Mass Markets fiber-to-the-home business in 11 states.","Used ~$4.76B of proceeds to prepay superpriority notes and term loans, reducing long-term debt to $12.9B pro forma.","Pro forma net loss for nine months ended Sep 30, 2025: $1.87B vs historical $1.737B, after removing FttH revenue of $575M.","Pro forma net loss for FY2024: $99M vs historical $55M, after removing FttH revenue of $660M.","Non-cash revenue of $5M (9M 2025) and $7M (FY2024) from off-market IRU amortization included in pro forma adjustments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110619,"accession_number":"0001193125-26-035658","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Lumen CRO Ashley Haynes-Gaspar departs; Jeffery Sharritts appointed successor effective Feb 4, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ashley Haynes-Gaspar leaves role as EVP, Chief Revenue Officer; Jeffery S. Sharritts appointed as new EVP, CRO effective Feb 4, 2026.","Haynes-Gaspar will provide transition services through March 6, 2026.","She receives salary through transition date, FY2025 short-term bonus based on actual performance, and other benefits under existing plans.","Accelerated vesting of time-based restricted shares and retention of performance-based restricted shares subject to continued satisfactory service through transition date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110618,"accession_number":"0000018926-26-000006","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Lumen closes $5.75B AT&T deal; Q4 rev $3.04B, adj EPS $0.23; 2026 EBITDA outlook $3.1-$3.3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Completed $5.75B AT&T transaction; reduced debt by over $4.8B, net leverage below 4x, interest expense down ~45%.","Q4 2025 revenue $3.041B (-9% YoY); GAAP net loss $2M; adjusted EPS $0.23 (ex-special items).","Full year 2025 revenue $12.402B (-5% YoY); adjusted EBITDA $3.36B (ex-special items) vs $3.94B prior year.","2026 outlook: Adjusted EBITDA $3.1-$3.3B, Free Cash Flow $1.2-$1.4B, capex $3.2-$3.4B.","PCF sales approached $13B, NaaS customers up 29% YoY; cost savings run-rate exceeded $400M."],"consensus_eps_estimate":-0.2747,"consensus_eps_actual":-1.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":12402000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110617,"accession_number":"0001193125-26-032635","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-02-02T23:59:59+00:00","items":["2.01","7.01","8.01","9.01"],"status":"ready","headline":"Lumen closes $5.75B sale of consumer fiber business to AT&T; targets debt reduction","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Cash consideration of $5.75B for Mass Markets fiber-to-the-home in 11 states, serving >1M customers across 4M fiber locations.","Plans to apply ~$4.8B of proceeds plus cash on hand to retire all super priority debt, cutting interest expense by ~$300M annually.","Post-closing debt expected below $13B with net debt/adjusted EBITDA ratio under 4x.","Lumen retains copper consumer services, enterprise fiber backbone, and central offices; transitions ~1M consumer fiber customers to AT&T.","Management to discuss transaction on Q4/full-year 2025 earnings call scheduled for Feb. 3, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110616,"accession_number":"0001193125-26-009027","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-01-09T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lumen sub Level 3 Financing issues additional $650M of 8.5% notes due 2036 for tender offers","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Upsized offering to $1.9B total ($1.25B initial + $650M additional) of 8.500% Senior Notes due 2036.","Net proceeds used to buy existing second lien notes not previously purchased; remainder for fees and corporate purposes.","Supplemental indenture for 4.875% Second Lien Notes due 2029 eliminates restrictive covenants and releases collateral.","New notes are senior unsecured, rank equally with other unsecured debt, effectively subordinated to secured obligations.","Interest at 8.500% payable Jan 15 and Jul 15, starting Jul 15, 2026; make-whole call prior to Jan 15, 2031."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":110615,"accession_number":"0001193125-26-003148","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen subsidiary upsizes additional notes offering to $650M at 8.500% due 2036","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing upsized additional notes to $650M (from $600M) of 8.500% Senior Notes due 2036, priced at 101.750%.","Notes are a further issuance of $1.25B Initial Notes issued Dec 23, 2025; same terms except issue date and price.","Net proceeds to fund purchases of Existing Second Lien Notes (4.000% 2031, 3.875% 2030, 4.500% 2030, 4.875% 2029) via tender offers.","Early settlement on Dec 23, 2025 purchased $1.57B of Existing Second Lien Notes; tender offers expire Jan 7, 2026.","Notes offered in private placement under Rule 144A/Reg S; no registration rights."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127237,"accession_number":"0001193125-25-330850","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-12-23T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lumen subsidiary Level 3 Financing issues $1.25B of 8.500% Senior Notes due 2036 to refinance second lien debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing issued $1.25B aggregate principal of 8.500% Senior Notes due 2036.","Net proceeds used to purchase outstanding Second Lien Notes (4.000%, 3.875%, 4.500%) via tender offers.","Supplemental indentures eliminate restrictive covenants and release collateral on Amended Second Lien Notes.","Notes are senior unsecured obligations, guaranteed by Level 3 Parent and certain subsidiaries.","Interest accrues from Dec 23, 2025; payable Jan 15 and Jul 15 starting Jul 15, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127236,"accession_number":"0001193125-25-327637","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-12-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen expands note tender to any-and-all after $2.124B early participation, $1.5B accepted","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Early tender results: $2.124B aggregate principal tendered across four note series; $1.5B accepted for purchase.","Offers amended to remove $1.5B cap; any-and-all notes validly tendered by Jan 7, 2026, will be accepted.","Majority consents obtained to eliminate restrictive covenants & release collateral for 2031, 3.875% & 4.500% 2030 notes.","For 4.875% 2029 notes, acceptance conditioned on $1.75B in new debt financing proceeds by Jan 7, 2026.","Early settlement Dec 23 for three note series; final settlement expected Jan 9, 2026, for all accepted notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127235,"accession_number":"0001193125-25-311581","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-12-09T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen subsidiary prices $1.25B 8.500% Senior Notes due 2036; tender offer upsized to $1.5B","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing priced $1.25B of 8.500% Senior Notes due Jan 15, 2036; upsized from $750M.","Concurrent tender offers for up to $1.5B aggregate purchase price of existing second-lien notes; increased from $1.0B.","Tender offers cover four series: 4.000% 2031, 3.875% 2030, 4.500% 2030, 4.875% 2029; early tender premium $30 per $1,000.","Consent solicitation seeks to eliminate restrictive covenants and release collateral on existing notes.","Offering expected to close Dec 23, 2025; proceeds to fund tenders and general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127234,"accession_number":"0001193125-25-308717","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-12-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Lumen CTO David Ward resigns; Board appoints James Fowler as successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Ward, EVP and Chief Technology & Product Officer, resigned effective Jan 5, 2026, to become President & Chief Architect at Salesforce.","James Fowler appointed as new EVP, Chief Technology & Product Officer effective Jan 5, 2026; resigned from Board effective Dec 5.","Fowler previously served as EVP & CTO at Nationwide Mutual Insurance since 2018; prior roles at GE and AT&T.","Ward will remain as employee for transition through Jan 23, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127233,"accession_number":"0000018926-25-000110","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Lumen reports Q3 net loss of $621M; PCF deals reach $10B+; reaffirms FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $621M ($0.62 diluted loss per share); adjusted loss per share $0.20 vs $0.13 YoY.","Revenue $3.087B, down 4% YoY; Adjusted EBITDA (ex-special items) $787M vs $899M.","Free cash flow (ex-special items) $1.661B, up from $1.198B YoY; beat expectations.","Signed $1B additional PCF deals in Oct; total deal value now $10B+.","Reiterated FY2025 outlook: Adj EBITDA $3.2-3.4B, FCF $1.2-1.4B, capex $4.1-4.3B."],"consensus_eps_estimate":-0.271,"consensus_eps_actual":-1.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":9361000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144038,"accession_number":"0001193125-25-223206","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Lumen reprices $2.4B term loan and issues $425M notes, saving $34M annually in interest","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 repriced $2.4B term loan to Term SOFR+3.25%, reducing spread by 100bps, saving $24M/year.","Issued additional $425M of 7% First Lien Notes due 2034; used proceeds to redeem $373M of 10.75% Notes due 2030, saving $10M/year.","Combined transactions extend maturities beyond 2030 and provide greater financial flexibility for AI investment.","Covenant modifications provide additional flexibility to Level 3."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144037,"accession_number":"0001193125-25-203545","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-09-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Lumen CAO Genschaw resigns for external CFO role; Holt succeeds as CAO/Controller","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Andrea Genschaw resigned as CAO/Controller effective Sept 23, 2025 to become CFO at another company; no disagreement with Lumen.","Donald Holt appointed as CAO and Controller effective Sept 23; he was VP and Assistant Controller since Sept 2023.","Holt's salary increased to $350,000; annual bonus target 70% of base; LTI target $425,000/yr.","Holt receives one-time cash award of $150,000 and one-time restricted stock of $150,000, both vesting over three years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144036,"accession_number":"0001193125-25-198334","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Lumen subsidiary Level 3 Financing issues $425M of 7.000% notes to redeem $373M of 10.750% notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing, Inc. issued $425M aggregate principal of 7.000% First Lien Notes due 2034 on September 8, 2025.","Proceeds together with cash will redeem all $373M of Level 3 Financing's 10.750% First Lien Notes due 2030, including premium.","The new notes form a single series with the $2.0B Initial Notes issued August 18, 2025 under the same indenture.","Interest on the new notes accrues from August 18, 2025 and is payable March 31 and September 30 starting March 31, 2026.","The notes are senior secured obligations guaranteed by Level 3 Parent and certain domestic subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144035,"accession_number":"0001193125-25-196061","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-09-04T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Lumen subsidiary Level 3 Financing prices $425M additional 7.000% notes due 2034; redeems $373M 10.750% notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Additional $425M of 7.000% First Lien Notes due 2034 priced at 100%; expected close Sept 8, 2025.","Proceeds plus cash used to redeem all $373M of 10.750% First Lien Notes due 2030, plus premium and fees.","Notes are further issuance of $2B initial notes issued Aug 18, 2025; same terms except issue date/price.","Lumen expects to amend credit agreement to add new B-4 term loans and adjust SOFR floor to 0.00% (subject to market conditions)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144034,"accession_number":"0001193125-25-182730","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-08-18T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lumen's subsidiary closes $2B 7% first lien notes due 2034, redeems higher-cost debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Closed $2.0B aggregate principal of 7.000% First Lien Notes due 2034 (maturity March 31, 2034).","Proceeds used to redeem all $1.408B of 11.000% Senior Secured Notes due 2029.","Partially redeemed $305M of 10.750% First Lien Notes due 2030.","CFO says transaction lowers interest expense, extends maturity runway, and supports AI-era network expansion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144033,"accession_number":"0001193125-25-172843","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen's Level 3 Financing upsizes note offering to $2.0B at 7.000% to refinance higher-cost debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offering increased to $2.0B aggregate principal of 7.000% First Lien Notes due 2034, up from previously planned $1.25B.","Net proceeds will redeem all $1.408B of 11.000% First Lien Notes due 2029 and partially redeem 10.750% First Lien Notes due 2030.","Expected closing on August 18, 2025, subject to customary conditions.","Notes are priced at par and will mature March 31, 2034; guaranteed on a first lien secured basis by Level 3 Parent and certain subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144032,"accession_number":"0000018926-25-000092","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Lumen Q2 net loss $915M includes $628M impairment; sells fiber to AT&T for $5.75B, raises FCF outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $3.092B (-5% YoY); Adjusted EBITDA ex-specials $877M vs $1.011B YoY.","Announced $5.75B cash sale of consumer fiber business to AT&T, sharpening enterprise focus.","Completed $2B bond offering due 2033, reducing annual interest expense by ~$50M.","Raised FY2025 FCF guidance to $1.2-1.4B (from $0.7-0.9B); EBITDA outlook unchanged $3.2-3.4B.","Raised 2025 exit run-rate cost-reduction target to $350M (from $250M)."],"consensus_eps_estimate":-0.2687,"consensus_eps_actual":-1.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":6274000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162323,"accession_number":"0001193125-25-152683","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lumen subsidiary closes $2B 6.875% notes due 2033, redeems higher-cost debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing issued $2.0B of 6.875% First Lien Notes due June 30, 2033.","Proceeds redeemed all $924.5M of 10.5% notes due 2030 and $667.7M of 10.5% notes due 2029.","Also partially redeemed $166.6M of 11% First Lien Notes due 2029.","Transaction simplifies capital structure, extends maturities, and reduces interest expense."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162322,"accession_number":"0001193125-25-141702","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-06-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen sub Level 3 upsizes note offering to $2B at 6.875%, redeems higher-cost debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing upsized offering from $1B to $2B of 6.875% First Lien Notes due 2033.","Proceeds to redeem $924.5M of 10.5% notes due 2030 and $667.7M of 10.5% notes due 2029.","Also partially redeems 11.0% First Lien Notes due 2029; includes redemption premium.","Offer expected to close June 30, 2025, subject to customary conditions.","Refinancing reduces average coupon on replaced debt from ~10.5% to 6.875%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162321,"accession_number":"0001193125-25-124002","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-05-21T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Lumen sells consumer fiber business to AT&T for $5.75B, to focus on enterprise networking","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["AT&T to acquire Lumen's Mass Markets fiber-to-the-home business, including Quantum Fiber, for $5.75B in cash.","Lumen will retain national fiber backbone, enterprise fiber customers, and copper network; sale includes ~4M enablements and ~1M subscribers.","Net proceeds of ~$4.2B to pay down ~$4.8B in superpriority debt, reducing annual interest expense by ~$300M.","Transaction expected to close in first half of 2026, subject to regulatory approvals and customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162320,"accession_number":"0000018926-25-000059","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-05-15T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Lumen shareholders approve reverse stock split (1:2 to 1:15) and simple majority voting proposal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split authorized at range 1:2 to 1:15, with proportional reduction in authorized shares, effective through May 13, 2026.","Shareholder proposal for simple majority voting approved with 614.6M votes for, 18.1M against, 27.4M abstentions, and 151.1M broker non-votes.","All 11 director nominees elected; KPMG ratified as independent auditor for 2025 with 791.8M votes for.","Technical amendments to Articles of Incorporation approved, including lowering threshold for special meetings from majority to 25% of voting power.","Advisory vote on executive compensation approved with 631.9M votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162319,"accession_number":"0000018926-25-000047","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Lumen Q1 net loss $201M; revenue $3.18B, adjusted EBITDA $929M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $3.18B (-3% YoY); net loss $201M vs net income $57M; diluted loss per share $0.20.","Adjusted EBITDA (ex-special) $929M (-5% YoY); free cash flow (ex-special) $354M vs $518M in Q1 2024 (incl $700M tax refund).","Grow segment revenue up 7% YoY to $1.136B; signed partnership with Google for direct fiber access to Google Cloud.","Net loss excluding special items $129M vs $41M loss last year; diluted loss per share ex-special $0.13 vs $0.04 loss."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":3182000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":162318,"accession_number":"0000018926-25-000039","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Level 3 refinances $2.4B term loan, extends maturity to 2032, cuts pricing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Level 3 Financing (Lumen sub) entered First Amendment to credit agreement on March 27, 2025.","$2.4B outstanding under Term Loan Facility; no amortization; maturity March 27, 2032.","SOFR loans margin at 4.25% with 0.50% floor; base rate option also available.","Voluntary prepayment allowed without premium, except 1% penalty for repricing within six months.","Facility secured by substantially all assets of Level 3 and guarantors; customary covenants apply."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":180339,"accession_number":"0000018926-25-000004","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Lumen Q4 net income $85M, EPS $0.09; revenue $3.33B (-5% YoY); FY net loss narrows","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $85M in Q4 2024 vs net loss of $1.995B a year ago; diluted EPS $0.09 vs ($2.03).","Total revenue $3.329B, down 5% YoY; full-year revenue $13.108B, down 10% from $14.557B.","Adjusted EBITDA excl. special items $1.052B in Q4 (31.6% margin), down 4% from $1.099B.","Free cash flow excl. special items negative $174M in Q4 vs positive $50M in Q4 2023.","Management cited progress on AI backbone and cloudifying telecom; no specific 2025 guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":13108000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197144,"accession_number":"0001193125-24-266181","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-11-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen/Level 3 complete tender offer for 2028 notes; $24M Lumen, $275M Level 3 notes tendered","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Lumen retired $24.1M (14.89%) of its 6.875% 2028 notes at $947.50 per $1,000 principal.","Level 3 Financing retired $275.3M (56.41%) of its 4.25% 2028 notes at $890.00 per $1,000 principal.","Settlement occurred November 26, 2024; accrued interest also paid to tendering holders.","Total aggregate principal accepted: $299.4M across both series of 2028 notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197143,"accession_number":"0001193125-24-261431","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-11-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen/Level 3 tender results: $93M accepted; 2028 notes repriced to $947.50/$890, extended","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Lumen accepted $44.6M in expired tender offers; Level 3 accepted $48.7M; settlement expected Nov 19/21.","Amended offers for 2028 notes: Lumen 6.875% debentures at $947.50/$1,000; Level 3 4.25% notes at $890/$1,000; expiration Nov 25.","Settlement of expired offers on Nov 19; guaranteed delivery Nov 21; amended offers settlement expected Nov 26.","Lumen has $161.8M of 6.875% 2028 notes; Level 3 has $488.1M of 4.25% 2028 notes outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197142,"accession_number":"0001193125-24-255246","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen and Level 3 launch cash tender offers for ~$945M in notes at discounts to par","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lumen offers to buy any/all of 5 note series ($338M outstanding); Level 3 offers 3 series ($607M outstanding).","Tender consideration per $1,000 ranges from $860 (4.250% Level 3 2028) to $1,000 (5.625% Lumen 2025).","Offers expire Nov 18, 2024 at 5:00 PM ET; settlement expected Nov 19 (regular) or Nov 21 (guaranteed delivery).","Citigroup Global Markets Inc. is lead dealer manager; no minimum tender condition for any offer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197141,"accession_number":"0000018926-24-000110","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Lumen Q3 net loss widens to $148M; revenue down 12% to $3.22B; free cash flow surges to $1.18B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $148M ($0.15 diluted EPS) vs $78M loss ($0.08) YoY; adjusted EPS loss $0.13.","Revenue $3.221B, down 12% YoY; business segment revenue dropped 13% to $2.536B.","Adjusted EBITDA ex-special items $899M, down 14% from $1.049B; margin 27.9% vs 28.8%.","Free cash flow $1.182B (incl $170M pension contribution) vs $38M a year ago, driven by PCF sales.","Record Quantum Fiber net subscription additions; new Lumen Private Connectivity Fabric sales added liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":9779000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197140,"accession_number":"0001193125-24-246216","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lumen appoints former Microsoft CMO Chris Capossela to board of directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board increased from 11 to 12 members; Capossela's appointment effective October 29, 2024.","Capossela served as Microsoft EVP and CMO for 10 years, leading worldwide marketing.","He will serve on the human resources/compensation committee and audit committee.","Receives prorated restricted stock grant with target value of $100,000, vesting in one year.","Will stand for reelection at the 2025 annual shareholders meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197139,"accession_number":"0001193125-24-233129","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-10-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen issues $464k of 10% secured notes due 2032 as final exchange settlement","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Final settlement on Oct 4: Lumen issued $464,325 in 10.000% secured notes due 2032 for $549,000 of unsecured notes.","Combined with earlier $438.3M initial issuance, total exchanged ~$491.3M of unsecured notes for secured notes.","New notes are secured, senior to unsecured debt, and carry a 10% coupon; exchange offers expired Oct 1, 2024.","Transaction reflects liability management amid credit challenges; all tendered notes exchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213403,"accession_number":"0001193125-24-224881","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lumen Technologies completes early settlement of exchange offers, issuing $788.3M in 10% notes due 2032","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Lumen issued $438.3M of 10% secured notes due 2032; Level 3 issued $350M of 10% second lien notes due 2032.","Exchanged approx $490.8M of Lumen old notes and $357.1M of Level 3 old notes for new notes and cash.","Net reduction in consolidated debt of ~$59.6M; old notes retired and cancelled.","New notes are unregistered and subject to transfer restrictions.","Exchange offers remain open until 5:00 p.m. ET on October 1, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213402,"accession_number":"0001193125-24-220282","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-09-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen and Level 3 early tender results: $850M secured notes exchange, Level 3 cap reached","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Lumen accepted $136.9M of 2026 notes, $187.9M of 2027 notes, $80.3M of 2028 notes, $85.6M of 2029 notes.","Level 3 accepted $76.6M of 3.400% notes, $280.5M of 4.625% notes (prorated), none of 4.250% notes.","Early settlement expected Sept 24, 2024; exchange offers expire Oct 1, 2024.","Lumen issuing up to $438.3M in 10.000% secured notes due 2032 plus $13.7M cash for 2026 notes.","Level 3 issuing up to $350.0M in 10.000% second lien notes due 2032."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213401,"accession_number":"0001193125-24-212207","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-09-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lumen launches exchange offers for up to $850M in unsecured notes for new secured notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Lumen offers up to $500M of new 10% secured notes due 2032 for its unsecured notes (2026-2029 maturities).","Level 3 offers up to $350M of new 10% second lien notes due 2032 for its unsecured notes (2027-2028 maturities).","Early tender deadline Sept 16, 2024; final expiration Oct 1, 2024; offers not conditioned on minimum tenders.","New notes are secured by collateral and guaranteed by entities securing Lumen’s existing superpriority notes.","Exchange reduces near-term maturities but adds secured debt; priority levels based on acceptance priority levels."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213400,"accession_number":"0000018926-24-000093","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Lumen Q2 net loss $49M vs $8.736B loss a year ago; revenue down 11% to $3.27B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted loss per share $0.05; adjusted EPS loss $0.13 vs $0.10 gain a year ago.","Adjusted EBITDA ex-special items $1.011B, down 18% YoY from $1.229B.","Large Enterprise revenue $837M (-7% YoY); Public Sector up 8% to $448M.","Free cash flow negative $156M ex-special items vs negative $896M in Q2 2023.","Announces Microsoft partnership for AI-driven fiber network demand."],"consensus_eps_estimate":null,"consensus_eps_actual":0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":6558000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213399,"accession_number":"0001193125-24-193967","cik":18926,"company_name":"Lumen Technologies, Inc.","ticker":"LUMN","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Lumen secures $5B in new AI-driven connectivity contracts; potential for additional $7B sales","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["$5B in new Private Connectivity Fabric solutions sold; another $7B in active discussions.","Company will more than double intercity network miles over 5 years; creates Custom Networks division.","Secured agreement with Corning as preferred partner for next-gen fiber-dense cable.","CEO Kate Johnson calls this 'one of the largest expansions of the internet ever'.","Majority of cash from sales expected over 3-4 years; upfront capex and opex also front-loaded."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":11091298176.449863,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-08-05T23:59:59+00:00|213399"}