---
schema_version: "secwatch.filing_event.v1"
accession: "0000018926-24-000008"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:34:00.114081+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lumen Q4 revenue down 7% to $3.5B; adj EPS $0.08; announces ~$9B debt restructuring

## Summary
- Q4 revenue $3.5B (-7% YoY); net loss $(2.0)B incl. $1.9B goodwill impairment; adj EPS $0.08 vs $0.43.
- Full year 2023 revenue $14.6B (-17% YoY); adj EBITDA $4.63B (-33% YoY); FCF negative $(878)M vs positive $2.26B.
- Announced debt restructuring to address ~$9B of maturities, covering >77% of debt due through 2027.
- Completed $1.8B EMEA divestiture; net debt reduced by $1.6B in 2023.

## SEC filing metadata
- accession: 0000018926-24-000008
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000001892624000008/0000018926-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000001892624000008/lumn-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000018926-24-000008
- JSON: https://secwatch.observer/filing/0000018926-24-000008.json
- Plain text: https://secwatch.observer/filing/0000018926-24-000008.txt

## Key facts
- Earnings Releases
  Lumen Technologies, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $3,517, net income $(1,995) billion, EPS $(2.03).
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $3,517
  - Net income: $(1,995) billion
  - EPS: $(2.03)
  - Result: reported results
  source text: 2,047 2,170 8,410 9,450 Wholesale 741 835 3,125 3,591 Business Segment Revenue 2,788 3,005 11,535 13,041 Mass Markets Segment Revenue 729 795 3,022 4,437 Total Revenue (1)(2) $ 3,517 3,800 14,557 17,478 Cost of Services and Products 1,737 1,826 7,144 7,868 Selling, General and Administrative Expenses 896 671 3,198 3,078 Net Loss (Gain) on Sale of Businesses
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000001892624000008/0000018926-24-000008-index.htm
- Earnings Releases
  Lumen Technologies, Inc. reported the fiscal year ended December 31, 2023 results: revenue $14,557, net income $(10,298) billion, EPS $(10.48).
  - Period: the fiscal year ended December 31, 2023
  - Revenue: $14,557
  - Net income: $(10,298) billion
  - EPS: $(10.48)
  - Result: reported results
  source text: 8,410 9,450 Wholesale 741 835 3,125 3,591 Business Segment Revenue 2,788 3,005 11,535 13,041 Mass Markets Segment Revenue 729 795 3,022 4,437 Total Revenue (1)(2) $ 3,517 3,800 14,557 17,478 Cost of Services and Products 1,737 1,826 7,144 7,868 Selling, General and Administrative Expenses 896 671 3,198 3,078 Net Loss (Gain) on Sale of Businesses (3) 9 480 121
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000001892624000008/0000018926-24-000008-index.htm

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