secwatch.observer — SEC 8-K summary
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Issuer:     Lumen Technologies, Inc. (LUMN)
CIK:        0000018926
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0000018926-24-000093
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumen Q2 net loss $49M vs $8.736B loss a year ago; revenue down 11% to $3.27B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18926/000001892624000093/0000018926-24-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18926/000001892624000093/lumn-20240806.htm
  HTML page:      https://secwatch.observer/filing/0000018926-24-000093

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer