Alcatel-Lucent Swings To Q2 Loss

Alcatel-Lucent SA ALU posted a loss in the second quarter. Alcatel-Lucent posted a quarterly net loss of EUR254 million, versus a year-ago net profit of EUR43 million. Its revenue dropped 7.1% to EUR3.55 billion It posted an adjusted operating loss of EUR31 million, versus a year-ago profit of EUR87 million. Alcatel-Lucent shares closed at $1.06 yesterday.