Lumen Technologies Files 8-K with Financials
Ticker: LUMN · Form: 8-K · Filed: Mar 22, 2024 · CIK: 18926
Sentiment: neutral
Topics: financial-statements, regulation-fd, exhibits
Related Tickers: LUMN
TL;DR
Lumen (LUMN) filed an 8-K on 3/22/24 with updated financials and disclosures.
AI Summary
Lumen Technologies, Inc. filed an 8-K on March 22, 2024, to disclose information under Regulation FD and to file financial statements and exhibits. The filing includes data for Lumen Technologies, Inc. (formerly CenturyLink, Inc.) and Level 3 Parent, LLC (formerly Level 3 Communications Inc.).
Why It Matters
This filing provides updated financial information and regulatory disclosures for Lumen Technologies and its subsidiary Level 3 Parent, LLC, which is important for investors tracking the company's financial health and compliance.
Risk Assessment
Risk Level: low — This is a routine filing of financial statements and exhibits, not indicating any immediate operational or financial distress.
Key Players & Entities
- Lumen Technologies, Inc. (company) — Filer
- Level 3 Parent, LLC (company) — Subsidiary Filer
- CenturyLink, Inc. (company) — Former Name of Lumen Technologies
- Level 3 Communications Inc. (company) — Former Name of Level 3 Parent, LLC
FAQ
What is the primary purpose of this 8-K filing by Lumen Technologies?
The primary purpose is to disclose information under Regulation FD and to file financial statements and exhibits.
When was this 8-K filing submitted?
The filing was submitted on March 22, 2024.
What are the former names of Lumen Technologies, Inc. mentioned in the filing?
Lumen Technologies, Inc. was formerly known as CenturyLink, Inc. and prior to that, Centurytel Inc. and Century Telephone Enterprises Inc.
What is the former name of Level 3 Parent, LLC?
Level 3 Parent, LLC was formerly known as Level 3 Communications Inc.
What is the Standard Industrial Classification (SIC) code for Lumen Technologies and Level 3 Parent, LLC?
The SIC code for both companies is 4813, which corresponds to TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE).
Filing Stats: 1,810 words · 7 min read · ~6 pages · Grade level 20 · Accepted 2024-03-22 10:33:10
Key Financial Figures
- $1.00 — ich Registered Common Stock, par value $1.00 per share LUMN New York Stock Excha
Filing Documents
- d784307d8k.htm (8-K) — 60KB
- d784307dex991.htm (EX-99.1) — 15KB
- g784307g0320193815652.jpg (GRAPHIC) — 3KB
- g784307maturity.jpg (GRAPHIC) — 30KB
- 0001193125-24-074789.txt ( ) — 312KB
- lumn-20240322.xsd (EX-101.SCH) — 5KB
- lumn-20240322_cal.xml (EX-101.CAL) — 1KB
- lumn-20240322_def.xml (EX-101.DEF) — 15KB
- lumn-20240322_lab.xml (EX-101.LAB) — 23KB
- lumn-20240322_pre.xml (EX-101.PRE) — 15KB
- d784307d8k_htm.xml (XML) — 10KB
Forward-Looking Statements
Forward-Looking Statements Except for historical and factual information, the matters set forth in this release and other of our oral or written statements identified by words such as "estimates," "expects," "anticipates," "believes," "plans," "intends," "will," and similar expressions are forward-looking statements as defined by the federal securities laws, and are subject to the "safe harbor" protections thereunder. These forward-looking statements are not guarantees of future results and are based on current expectations only, are inherently speculative, and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. Actual events and results may differ materially from those anticipated, estimated, projected or implied by us in those statements if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. Factors that could affect actual results include but are not limited to: our ability to achieve the expected benefits from the TSA; the effects of intense competition from a wide variety of competitive providers, including decreased demand for our more mature service offerings and increased pricing pressures; the effects of new, emerging or competing technologies, including those that could make our products less desirable or obsolete; our ability to successfully and timely attain our key operating imperatives, including simplifying and consolidating our network, simplifying and automating our service support systems, attaining our Quantum Fiber buildout goals, strengthening our relationships with customers and attaining projected cost savings; our ability to safeguard our network, and to avoid the adverse impact of cyber-attacks, security breaches, service outages, system failures, or similar events impacting our network or the availability and quality of our services; the effects of ongoing changes in the regulation of the communications industry, including the outcome of
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of Lumen Technologies, Inc., dated March 22, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL) 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Lumen Technologies, Inc., Level 3 Parent, LLC and Qwest Corporation have duly caused this Current Report on Form 8-K to be signed on their behalf by the undersigned officer hereunto duly authorized. LUMEN TECHNOLOGIES, INC. Dated: March 22, 2024 By: /s/ Stacey W. Goff Stacey W. Goff Executive Vice President, General Counsel and Secretary LEVEL 3 PARENT, LLC Dated: March 22, 2024 By: /s/ Stacey W. Goff Stacey W. Goff Executive Vice President, General Counsel and Secretary QWEST CORPORATION Dated: March 22, 2024 By: /s/ Stacey W. Goff Stacey W. Goff Executive Vice President, General Counsel and Secretary 4