Monday, July 30, 2007

Alcatel-Lucent Q2 net loss wider than forecast

(Reuters) - The Franco-American telecoms equipment provider reported a net loss of 336 million euros for the three months to June 30 on Tuesday, against a profit of 302 million euros the previous year and compared with expectations of a 147.1 million loss, based on a Reuters poll of 10 analysts.



The company, which also confirmed its full-year sales growth expectations, added the outcome included a negative impact of 176 million euros from several "significant items".


Read more at Reuters.com Market News

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