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Friday October 30, 2009
Alcatel-Lucent net loss widens in 3rd quarter
PARIS: Alcatel-Lucent SA says its net loss widened in the third quarter as the telecommunications equipment maker lost sales in its key carrier segment in Europe.
Alcatel-Lucent, headquartered in Paris and with significant North American operations based in Murray Hill, New Jersey, made a net loss of euro182 million (US$269 million) in the period, compared to a euro40 million loss a year earlier and worse than analysts had forecast.
In a statement Friday, Alcatel-Lucent said it still expects to be close to break even at an adjusted operating level this year. - AP
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