---
schema_version: "secwatch.filing_event.v1"
accession: "0000018926-23-000008"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T23:15:52.578434+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lumen Q4 2022 net loss $3.07B on $3.27B goodwill impairment; appoints Kate Johnson CEO

## Summary
- Net loss $3.069B (diluted EPS -$3.08) includes $3.271B goodwill impairment; vs net income $508M (EPS $0.50) prior year.
- Excluding special items, adjusted diluted EPS $0.43 vs $0.51 prior year; Adjusted EBITDA $1.393B vs $2.088B.
- Appointed Kate Johnson as president and CEO; completed $7.5B ILEC divestiture to Apollo and announced $1.8B EMEA sale to Colt.
- Repurchased 33M shares for $200M; generated free cash flow $126M vs $776M prior year.

## SEC filing metadata
- accession: 0000018926-23-000008
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000001892623000008/0000018926-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000001892623000008/lumn-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000018926-23-000008
- JSON: https://secwatch.observer/filing/0000018926-23-000008.json
- Plain text: https://secwatch.observer/filing/0000018926-23-000008.txt

## Key facts
- Earnings Releases
  Lumen Technologies, Inc. reported the fourth quarter of 2022 results: net income Net Loss of $(3.069) billion, EPS diluted loss per share of ($3.08).
  - Period: the fourth quarter of 2022
  - Net income: Net Loss of $(3.069) billion
  - EPS: diluted loss per share of ($3.08)
  - Result: reported results
  source text: Reported Net Loss of $(3.069) billion for the fourth quarter 2022, which included a non-cash goodwill impairment charge of $3.271 billion, compared to reported Net Income of $508 million for the fourth quarter 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000001892623000008/0000018926-23-000008-index.htm

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