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General

Alcatel-Lucent losses continue in Q3

Friday 2 November 2012 | 08:52 CET | News
Alcatel-Lucent reported continued losses in the third quarter amid a slowdown in carrier spending on network equipment. The company's revenues came in at EUR 3.599 billion, down 2.8 percent from a year earlier and up 1.5 percent from Q2. At constant currency rates and operations, revenues were flat sequentially and decreased 9.7 percent year-over-year. The gross margin dropped to 27.9 percent from 35.3 a year ago, and the adjusted operating loss ended at EUR 125 million. Alcatel-Lucent said operating costs were down 2.6 percent from a year ago, and it had already implemented cost savings of

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Categories: General
Companies: Alcatel-Lucent USA/FR
Countries: World
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