Alcatel-Lucent continues transition efforts

07/31/2007 | Forbes · Wall Street Journal, The

Alcatel-Lucent is sticking with its full-year outlook, despite reporting a second-quarter net loss of $460.3 million. "2007 is clearly a transition year for the company as we continue to execute on our integration plans in a rapidly changing industry," Chief Executive Officer Patricia Russo said. "We believe the gross margin level this quarter is not indicative of the business going forward."

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Forbes · Wall Street Journal, The

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