Market Overview

Alcatel-Lucent Posts Q3 Net Loss

Share:
Related ALU
Argus Says Nokia Faces Near-Term Headwinds, But Remains Well-Positioned
Drexel Hamilton Prefers Infinera Shares Over Oclaro, Lumentum In Optical Space

Alcatel-Lucent SA (NYSE: ALU) posted a loss in the third quarter.

Alcatel-Lucent posted a quarterly net loss of 146 million euros ($188 million), or EUR0.06 per share, versus a year-ago net profit of EUR194 million, or EUR0.08 per share.

Its revenue dropped 2.8% to EUR3.6 billion.

Alcatel-Lucent shares closed at $1.11 yesterday.

Posted-In: lossEarnings News

 

Related Articles (ALU)

View Comments and Join the Discussion!