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Alcatel-Lucent Posts 2011 Profit

Alcatel-Lucent SA (NYSE: ALU) posted a profit in 2011.

Alcatel-Lucent's profit for the period came in at EUR1.1 billion, versus a year-ago loss of EUR334 million. Its sales dropped 2.1% to EUR15.33 billion from EUR15.67 billion.

Alcatel-Lucent shares closed at $1.94 yesterday.

Posted-In: EarningsEarnings News

 

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