Tough Q1 Expected for Nortel

« Motorola Riper for a Deal with Nortel | Main | Details for Q1 Results »

By Mark Evans | April 25, 2008

Nortel’s first-quarter results don’t come out until next Friday but there’s already noise that they won’t be pretty.

MarketWatch has a short pre-earnings story that analysts believe it will be a tough quarter due to “soft demand”. Nortel is expected to lose six cents a share (excluding extraordinary items) on revenue of $2.5-billion. The compares with an adjusted loss of four cents on revenue of $2.48-billion in Q1 2007.

Here’s an overview of what analysts are expecting:

Source: Yahoo Finance

Technorati Tags: Nortel

Topics: Analyst Coverage, Financials |

Viewing 18 Comments

Miami Carpet Cleaning 1 minute ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

I think the employee and the manager have something to do with this.. Not all of course... they must scan it out..

reply edit reblog flag

1 /people/knivess00/ /people/knivess00/following/

puddintane 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

But, again, the absolutely staggering waste perpetrated in yon days by all was just as wrong.

reply edit reblog flag

puddintane 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

I actually felt most appreciated back during the boom years when we could offer full range of labs services - from document engineering, installation, commissioning, to troubleshooting over just rote data entry.

Rumor has it that these days every turn of a screw is somehow controlled, approved, regulated, weighed, justified, graphed, quantified, verified, and above all, timed by every tier of management. Lean Six Si - git 'er done-ified.

reply edit reblog flag

no there any more 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

Hasn't been a money making carrier deal of any significance since I think 2003 (Sprint). The only deals in recent memory have been BSNL GSM and the one that just completed lost 250M+....

reply edit reblog flag

Apple 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

The only deals in recent memory have been BSNL GSM and the one that just completed lost 250M+....
==============
re
Nortel has reported $366 total loss on bsnl deal so far and "new " $100 mill extension deal is in progress in 2008 2.5 mill lines with average $40 a line when ERIC gets $100 a line.
/links available/
There was no bidding on the extension as I know it.
Question is why NT is "dealing" with bsnl in 2008?
Last big deal, wireline deal with Verizon, Jan 05 2004 was never delivered. /LOI/

reply edit reblog flag

Plastered 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

If the employees graded the managers alot of those turds would be out.

reply edit reblog flag

YoYo 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

Current Nortel,

I like that. How about we just outsource all of Nortel including this blog to our Chinese and Indian friends. Better margins, wider global coverage and controlled information dissemination. Oh well, one out three ain’t so bad.

reply edit reblog flag

1 /people/YoYo/ /people/YoYo/following/

Plastered 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

There sure are some reject managers in that place..not all..but the real bad ones
hang on..the ones over 20 years..with few exceptions.

reply edit reblog flag

Another Nortel Watcher 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

donbeyer - the problem is that Nortel has had a Telepresence solution of sorts for 5+ years and has done almost no market development with it so now Cisco has arrived with a solution and is gobbling up the market segment. How sad for Nortel.

reply edit reblog flag

donbeyer 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

It seems to me that high fuel costs makes Nortel's case for a much welcomed Telepresence solution(s)...

reply edit reblog flag

2 /people/donbeyer/ /people/donbeyer/following/

Onlooker 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

Now that the US is staring $150/barrel oil in the face, expect to see all kinds of cuts in forecasts for Q2 and Q3.

reply edit reblog flag

ex-nt 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

I was cleaning out the airplane again and came across updated notes for the call for Mike. He is going to announce a combined 6-sigma-go-green-simplify program where we lay off high cost employees and put them to work growing corn on the Carling lawn. Zafaristic!

reply edit reblog flag

http://ext.com

exnt2 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

growing corn is too expensive. so easier to lay off low cost employees 10:1 ratio and get them to run or bike around campus to generate electric power. Z is also investing in little pedal machines to drive the computers. so as soon as they stop producing power he will know which employees are not productive. would be easy to tell as on most days it will be lights out in most of the building windows.

reply edit reblog flag

Current Nortel 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

Maybe it's time to outsource senior management?

reply edit reblog flag

Notelhand 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

I am sure Mike Z will have a highly developed action plan for fixing the problem. I think he will start of with how much progress was made, show us some positive numbers for Q over Q results then he will drop a big bomb. Quickly glance over that and move to the “NEW” action plan. It will start out by cutting 2000 or 3000 jobs, laying off the janitorial service, and issuing brooms and dust pans to employees. He will then explain that it is there job to clean around their work area every night. And for the cleanest department pizza will be brought in once a month to celebrate the great work.

It is going to be hard to beet the Wimax group, I think Mike Z has that group of people down to two, but there may one or two on loan.

reply edit reblog flag

many 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

You forgot management taking turns at the guard desk to save on security.

reply edit reblog flag

survivor 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

Good job Mike, good job. I am impressed.

reply edit reblog flag

one0f34kleft 1 year ago 1 point
Please login to rate.

Do you already have an account? Log in and claim this comment.

i can see it now. no travel, no coffee, no pencils, no phone calls, must get vp approval, but mike z must get his bonus..
this would be a good time to start cutting from the top.. but the BOD has been nuetered so it will be business as usuall. this is like being in a roller coaster in the front car starting to go down the first big drop and seiing a gap in the track.. you know it won' be pretty.

reply edit reblog flag

All the News about Nortel Networks

All About Nortel

Search

Blogroll

RSS Options

Categories

Tough Q1 Expected for Nortel

Add New Comment

Viewing 18 Comments

Add New Comment