Thursday, April 26, 2012

Summary Box: Alcatel-Lucent posts 1Q profit




A BOOST: Alcatel-Lucent says the sale of its Genesys conference calling business helped it turn a profit in the first quarter.

THE CAVEAT: The company warned that its underlying earnings were disappointing and market uncertainties are high.

WHAT HAPPENED: Underlying profitability was hammered by a double-digit decline in sales of optics and wireless equipment, as well as a steep drop in sales in North America.



Source & Image : Yahoo

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