AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Lucent Trims Its Way to Third Consecutive Profitable Quarter.

The Record (Hackensack, NJ)

| April 21, 2004 | COPYRIGHT 2004 The Record. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Martha McKay

Apr. 21--Cost-cutting helped Lucent Technologies post its third straight profitable quarter Tuesday amid signs of health in the telecommunications industry.

The Murray Hill-based maker of telecommunications equipment said revenue was down in the second quarter, but the business climate is improving and it expects to see revenue rise slightly for the year.

"We're seeing a more positive rhythm to our business," CEO Patricia Russo said in an interview after a morning conference call with analysts.

Lucent reported $68 million in net income, or 2 cents per share, in its second quarter.

Related articles from newspapers, magazines, journals, and more
Lucent Trims Its Way to Third Consecutive Profitable Quarter.
Newspaper article from: Knight Ridder/Tribune Business News April 21, 2004 700+ words
...post its third straight profitable quarter Tuesday amid signs of health...conference call with analysts. Lucent reported $68 million in net income...profitable last fall, Lucent reported 13 straight quarters of...000 at the end of 2000. Lucent reported a number of ...
Lucent Technologies Reports Results for Fourth Quarter and Year End of Fiscal...
Press release article from: PR Newswire October 22, 2003 700+ words
...The company reported its first profitable quarter since March 2000, posting net income...results(2). For the fiscal year, Lucent reported revenues of $8.5 billion compared...RESULTS "It feels great to post a profitable quarter with positive operating cash flow...
Wireless-gear sales fuel another profitable quarter for Lucent Technologies.
Newspaper article from: Knight Ridder/Tribune Business News July 22, 2004 700+ words
...Lucent Technologies reported its fourth consecutive profitable quarter Wednesday on strong sales of wireless gear. The nation...1 percent -- in the company's services division. Lucent reported gross margin for the quarter was 43 percent of revenues...
First profitable quarter reported: $0.01 per share.
Newspaper article from: Biotech Week July 3, 2002 700+ words
...2001. This represents the first profitable quarter reported by the company since inception...significant milestones today. First, the profitable quarter report represents the only profitable quarter ever by the company. This provides...
GVI (GVSS) Reports Tenth Consecutive Profitable Quarter - Gains Market Share...
Press release article from: M2 Presswire August 14, 2009 700+ words
...GVSS) Reports Tenth Consecutive Profitable Quarter - Gains Market Share and Readies...reported the company's 10th straight profitable quarter. GVI Chairman and CEO Steven Walin...Inc. Reports Tenth Consecutive Profitable Quarter CARROLLTON, Texas, August 13...
Computer Network Technology Corporation announces first profitable quarter.
Press release article from: PR Newswire August 2, 1989 700+ words
...TECHNOLOGY CORPORATION ANNOUNCES FIRST PROFITABLE QUARTER MINNEAPOLIS, Aug. 2 /PRNewswire...as well as the company's first profitable quarter. In addition, the second quarter...record revenue levels and our first profitable quarter. Our icreasing order volumes reflect...
Ross Cosmetics announces third consecutive profitable quarter and record...
Press release article from: PR Newswire July 20, 1987 700+ words
...COSMETICS ANNOUNCES THIRD CONSECUTIVE PROFITABLE QUARTER AND RECORD EARNINGS STATEN ISLAND...today announced its third consecutive profitable quarter and record earnings since the company...pleased to report our third consecutive profitable quarter since our decision to stop ...
Centex Telemanagement reports first profitable quarter, billings gain of 121...
Press release article from: PR Newswire February 4, 1988 700+ words
...CENTEX TELEMANAGEMENT REPORTS FIRST PROFITABLE QUARTER, BILLINGS GAIN OF 121 PERCENTLE...CNTX) today announced its first profitable quarter of operations and 121 percent growth...per share, for 1986. "This first profitable quarter highlights the progress which Centex...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA