---
schema_version: "secwatch.filing_event.v1"
accession: "0000018926-22-000038"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T15:35:58.320065+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lumen Q3 net income $578M, adj EPS $0.14; cuts dividend; authorizes $1.5B buyback; proposes $1.8B EMEA sale

## Summary
- Q3 net income $578M ($0.57 diluted EPS), adj diluted EPS $0.14 vs $0.49 prior year.
- Adjusted EBITDA $1.688B vs $2.078B prior year; Free Cash Flow $620M vs $1.072B.
- Completed $2.7B Latin American divestiture (Aug 1) and $7.5B ILEC divestiture (Oct 3).
- Eliminated stock dividend; authorized up to $1.5B two-year share repurchase program.
- Announced exclusive arrangement to sell EMEA business to Colt for $1.8B.

## SEC filing metadata
- accession: 0000018926-22-000038
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000001892622000038/0000018926-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000001892622000038/lumn-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000018926-22-000038
- JSON: https://secwatch.observer/filing/0000018926-22-000038.json
- Plain text: https://secwatch.observer/filing/0000018926-22-000038.txt

## Key facts
- Earnings Releases
  Lumen Technologies, Inc. reported third quarter of 2022 results: net income $578 million, EPS $0.57.
  - Period: third quarter of 2022
  - Net income: $578 million
  - EPS: $0.57
  - Result: reported results
  source text: Reported Net Income of $578 million for the third quarter 2022, compared to reported Net Income of $544 million for the third quarter 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000001892622000038/0000018926-22-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.