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Alcatel-Lucent Sees Market Uncertainty Too
By Mark Evans | February 8, 2008
On the heels of Cisco’s less-than-rosey outlook, Alcatel-Lucent is also cautious about the telecom equipment landscape.
In posting its fourth-quarter results, Alcatel-Lucent CEO Patricia Russo said: “While the long-term prospects of our industry remain good, the macroeconomic environment has created uncertainty in our markets in the last few months.” (Source: TheStreet.com)
The company, which has suspended its dividend, posted a fourth-quarter loss of $73-million, or three cents a share - compared with analyst expectations of 15 cents. Sales were $7.6-billion, ahead of the $7.3-billion expected by analysts.
I wonder when Nortel’s Q4 and 2007 results will be unveiled? Last year, they were released in mid-March.
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