(Reuters) - The Franco-American telecoms equipment provider on Tuesday
reported a net loss of 336 million euros for
the three months to June 30 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 which included a mix of exceptional gains and
charges.
The company said the net loss included an impairment charge
of 298 million euros related to a re-evaluation of its W-CDMA
mobile assets which analysts did not expect.
Alcatel of France and Lucent of the United States started
operating as a combined business on Dec. 1 last year.
Read more at Reuters.com Market News
reported a net loss of 336 million euros for
the three months to June 30 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 which included a mix of exceptional gains and
charges.
The company said the net loss included an impairment charge
of 298 million euros related to a re-evaluation of its W-CDMA
mobile assets which analysts did not expect.
Alcatel of France and Lucent of the United States started
operating as a combined business on Dec. 1 last year.
Read more at Reuters.com Market News
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