Alcatel-Lucent Swings To Q2 Loss
Tickers: ALU
Alcatel-Lucent SA (NYSE: 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.
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Tags: loss
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