other_material
confidence high
sentiment neutral
materiality 0.50
Lumen files updated pro forma Q1 2026 results reflecting $5.75B fiber biz sale to AT&T
Lumen Technologies, Inc.
- Pro forma Q1 2026 revenue $2,837M, net loss $222M, diluted EPS $(0.22).
- Historical revenue $2,899M; removal of FttH business reduced revenue by $69M.
- Pro forma adjustments include $5M TSA fees and $7M from commercial agreements with AT&T.
- Historical Q1 includes $596M gain on sale and $226M loss on early debt retirements.
- Filing updates prior pro forma; full-year 2025 pro forma was filed in April 2026.
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