Lumen Technologies, Inc. (NYSE:LUMN) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET

Company Participants

Mike McCormack - SVP, IR

Kate Johnson - President and CEO

Chris Stansbury - EVP and CFO

Conference Call Participants

Simon Flannery - Morgan Stanley

Batya Levi - UBS

Michael Rollins - Citi

Greg Williams - TD Cowen & Company

Frank Louthan - Raymond James

Nick Del Deo - MoffettNathanson

Dave Barden - Bank of America Merrill Lynch

Bora Lee - RBC Capital Markets

Operator

Greetings, and welcome to the Lumen Technologies Second Quarter 2023 Earnings Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded Tuesday, August 1, 2023.

I would now like to turn the conference over to Mike McCormack, Senior Vice President, Investor Relations. Please go ahead.

Mike McCormack

Good afternoon, everyone, and thanks for joining Lumen Technologies second quarter 2023 earnings call. On the call today are Kate Johnson, President and Chief Executive Officer; and Chris Stansbury, Executive Vice President and Chief Financial Officer.

Before we begin, I want to call your attention to our Safe Harbor statement on slide 2 of our second quarter 2023 presentation, which notes that this conference call may include forward-looking statements subject to certain risks and uncertainties. All forward-looking statements should be considered in conjunction with the cautionary statements on slide 2 and the risk factors in our SEC filings.

We will be referring to certain non-GAAP financial measures reconciled to the most comparable GAAP measures, which can be found in our earnings press release. In addition, certain metrics discussed today exclude costs for special items as detailed in our earnings materials, which can be found on the Investor Relations section of the Lumen website.

With that, I'll turn the call over to Kate.

Kate Johnson

Thanks, Mike. Hi, everybody. Thanks for joining us today.

In a few minutes, I'm going to turn the call over to Chris as usual. But first, I just want to give you a quick overview of our transformation progress. This quarter, we added two big leaders to the Lumen executive team Kye Prigg, an experienced telecom exec steeped in both driving large-scale network transformations and leading big teams joined us last month as EVP of Enterprise Operations.

And Ana White, an experienced CHRO with an impressive track record of culture renovation and tech companies joined us as our Chief People Officer. These additions round out what I believe to be the most talented team in the industry and I couldn't be more excited to see the positive impact of both of these two new kids bring to Lumen.