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Alcatel-Lucent (NYSE: ALU) Q3 profit buoyed by IP and wireless growth

Published on November 7, 2010 By Don

Alcatel-Lucent’s (NYSE: ALU) CEO and President Ben Verwaayen’s plan to turn the company towards a path of profitability certainly were on display in Q3 2010.
During the third quarter, Alcatel-Lucent reported its first profitable quarter in 2010. Aided …

Alcatel-Lucent Q2: IP, wireless carry the day with strong results

Published on July 30, 2010 By Don

Solid earnings in Alcatel-Lucent’s (NYSE: ALU) IP and wireless segments and strong growth in North America helped to partially offset a decline in fixed access revenues for the second quarter of 2010, the operator reports. Alcatel-Lucent’s overall revenues were down 2.4 percent compared to last year, at EUR3.8 billion. However, CEO Ben Verwaayen maintained the [...]