Alcatel-Lucent Posts Narrower Q3 Loss
Alcatel-Lucent SA (NYSE: ALU) posted a narrower loss in the third quarter.
Alcatel-Lucent reported a quarterly net loss of 200 million euros ($275 million), or 9 cents a share, versus a year-ago loss of EUR316 million, or 14 cents a share.
It posted an adjusted operating profit of EUR116 million, versus a year-ago loss of EUR126 million. Alcatel-Lucent's revenue climbed 1.8% to EUR3.67 billion.
Alcatel-Lucent shares surged 13.94% to $3.76 in pre-market trading.
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