Lucent's earnings sink 69%, a reflection of lower tax benefits
Article Abstract:
Lucent Technologies Inc. of the United States posted a 69 percent decrease in fourth quarter net income to $374 million compared with $1.21 billion from last year. The decline in earnings for the telecommunications equipment company reflected a tax refund of $861 million and illustrated growth in operating revenue and profit.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Lucent earnings tumble 79%; CEO expects fortunes to improve
Article Abstract:
Lucent Technologies Inc. of the United States posted a 79 percent slide in profit to $79 million from $372 million, in the third quarter. The telecommunications equipment company sales are down and a merger with Alcatel S.A. of France is expected this year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
Lucent again warns of sagging sales; profit, revenue to decline as telecom consolidation limits equipment contracts
Article Abstract:
Lucent Technologies Inc. predicts $2.04 billion in revenue for the third quarter, a decline of 13% from last year, and 5% from the second quarter. Telephone company consolidations have resulted in lower sales for the telecommunications equipment industry.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Credit Suisse unit tops rankings in China deals on CCB listing. China-based lender sets IPO price range
- Abstracts: Lindt Mini Pralines. Toblerone Pralines. Lindt Joghurt Himbeer - Vanille Weiss Chocolade
- Abstracts: Yuri-Sol Natural Pine Disinfectant Cleaner. Antikal Plus Multi-Use Cleaner. Clorox Clean-Up Cleaner
- Abstracts: Garden's Hygienic Chatpata Bhel. OLW Supreme Potato Chips
- Abstracts: Nestle Pralinato Latte Macchiato Ice Cream Bar. Nestle Aero Sticky Toffee