Lumen Technologies reports fourth quarter and full year 2023 results

Lumen Technologies reported results for the fourth quarter and full year ended December 31, 2023. Highlights for the fourth quarter include:

• Reported Net Loss of $(1.995) billion for the fourth quarter 2023, which included a non-cash goodwill impairment charge of $1.9 billion, compared to reported Net Loss of $(3.069) billion for the fourth quarter 2022, which included a non-cash goodwill impairment charge of $3.271 billion
• Reported Net Cash Provided by Operating Activities of $784 million for the fourth quarter 2023

Highlights for the year as a whole include:

• Reduced Net Debt by $1.6 billion
• Reported Net Cash Provided by Operating Activities of $2.160 billion for the full year 2023