{"schema_version":"secwatch.filing_event.v1","accession":"0000018926-23-000047","form_type":"8-K","ticker":"LUMN","cik":"0000018926","company_name":"Lumen Technologies, Inc.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.522327+00:00","generated_at":"2026-06-16T03:50:31.746689+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lumen Q1 revenue $3.74B (-20% YoY); adjusted EBITDA -36%; FCF negative $75M","bullets":["Revenue $3.738B, down 20% YoY; GAAP net income $511M ($0.52 EPS); adjusted EPS $0.10 vs $0.63.","Adjusted EBITDA (excl. special items) $1.251B, -36% YoY; FCF (excl. special items) -$75M vs +$846M.","Business Grow revenue $1.128B (+3% QoQ); Quantum Fiber added ~120k locations in Q1.","Reduced debt by $620M via exchange offers; full-year 2023 cash tax outlook raised to $300-400M.","FY 2023 guidance unchanged: Adj EBITDA $4.6-4.8B, FCF $0-200M, capex $2.9-3.1B."],"urls":{"canonical":"https://secwatch.observer/filing/0000018926-23-000047","json":"https://secwatch.observer/filing/0000018926-23-000047.json","markdown":"https://secwatch.observer/filing/0000018926-23-000047.md","text":"https://secwatch.observer/filing/0000018926-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/18926/000001892623000047/0000018926-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/18926/000001892623000047/lumn-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:50:31.746689+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6f55bed8c476c4ef880580569d11f0105c25f2c3","claim":"Lumen Technologies, Inc. reported the first quarter ended March 31, 2023 results: revenue $3,738, net income $511 million, EPS $0.52.","evidence_excerpt":"515 573 Public Sector 430 479 Enterprise Channels 2,139 2,494 Wholesale 817 907 Business Segment Revenue 2,956 3,401 Mass Markets Segment Revenue 782 1,275 Total Revenue (1)(2) $ 3,738 4,676 Cost of Services and Products 1,817 1,985 Selling, General and Administrative Expenses 721 800 Loss on disposal group held for sale 77 — Stock-based Compensation Expense 14","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/18926/000001892623000047/0000018926-23-000047-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$3,738"},{"label":"Net income","value":"$511 million"},{"label":"EPS","value":"$0.52"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}