What does business — revenue adjustments mean?

Adjustments made to total revenue to account for non-contractual income or specific accounting reconciliations.

How do you interpret business — revenue adjustments?

Significant fluctuations may indicate changes in business model composition or accounting treatment of secondary revenue sources.

How does business — revenue adjustments compare across companies?

Varies widely based on company-specific revenue recognition policies and business complexity.

Lumen Technologies LUMN Business — Revenue Adjustments

Discontinued — last reported Q4 '18

Similar metrics at other companies

FEReconciling Adjustments — Revenue

-$142.75M—

PFGSegment Retirement And Income Solutions — Adjustment For Revenue From Contract With Customer Excluded In Operating Revenues

-$17.7M-1.7%

WTWRevenue Adjustments — Revenue

-$42M—

FEEliminations and reconciling adjustments — Revenue

-$17M-13.3%

PFGSegment Benefits And Protection — Adjustment For Revenue From Contract With Customer Excluded In Operating Revenues

$5.8M-14.7%

HPQMaterial Reconciling Items — Revenue

-$1M-200%

Other financials

Income statement

See full

Revenue$2.9B-8.9%

Gross profit$1.5B-2.1%

Operating income$602.0M+463%

Net income-$200.0M+0.5%

EPS (diluted)-$0.200.0%

Balance sheet

See full

Cash & equivalents$1.6B-14.4%

Total debt$13.4B-29.0%

Total equity-$1.3B-556%

Total assets$30.6B-8.7%

Cash flow

See full

Operating cash flow$1.3B+20.8%

CapEx$943.0M+19.2%

Free cash flow$380.0M+25.0%

Valuation

See full

Market cap$8.45B+79.1%

Enterprise value$20.23B-9.8%

P/S0.7×+0.3×

Profitability

See full

Gross margin47.3%-0.9pp

Operating margin-2.6%-6.6pp

Net margin-14.3%—

FCF margin-3.9%-9.2pp

Returns & leverage

See full

Return on equity-170.9%+20.5pp

Debt / equity65.4×+26.1×

Current ratio1×-0.2×

Where this comes from

Reported directly by Lumen Technologies in its filing.

Tagged under the XBRL concept ctl:RevenueAdjustments.

The official record: Lumen Technologies’s 10-K, filed March 11, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does business — revenue adjustments mean?: Adjustments made to total revenue to account for non-contractual income or specific accounting reconciliations.
How do you interpret business — revenue adjustments?: Significant fluctuations may indicate changes in business model composition or accounting treatment of secondary revenue sources.
How does business — revenue adjustments compare across companies?: Varies widely based on company-specific revenue recognition policies and business complexity.