Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Alcatel-Lucent Reports Earnings, Stock Soars On Optimistic Outlook

Paris-based telecom equipment builder Alcatel-Lucent (UNKNOWN: ALU.DL  ) reported third-quarter sales of $5.1 billion and an adjusted net loss of $0.08 per American depositary share earlier today. That's 7% year-over-year sales growth on a currency-adjusted basis, and a marked improvement from the year-ago period's $0.50 loss per ADS. Gross margins improved to 32.6%, compared to 27.8% a year ago.

S&P Capital IQ estimates had predicted an adjusted net loss of $0.06 per ADS so Alcatel missed that Street target, but revenues just edged out analyst estimates.

Alcatel's results were driven by 6% higher sales in the IP routing segment and a number of high-speed Internet backbone installations during the quarter. From a geographic point of view, North American sales soared nearly 20% higher year-over-year while China stayed flat and Latin American sales struggled.

Looking ahead, CEO Michel Combes expects accelerated cost savings on top of strong seasonal patterns in the year-ending quarter. "We are seeing the first positive signs of our new operating model in our day-to-day business," Combes said.

That optimistic note struck a chord with Alcatel investors: Alcatel shares opened 11% higher on the Euronext Paris market, and have only traded higher since then.

You can access Alcatel-Lucent's full results here, alongside the financial statements in a separate PDF download. Don't worry, these are the English versions of Alcatel's reports.


Read/Post Comments (3) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On October 31, 2013, at 10:00 AM, goldman2too wrote:

    I'm telling you ALU will be over 5 dollars very soon - probably before years end! Only a fool would still be sitting on the sideline! I bought 160,000 shares at 1.30 and would have bought 250,000 shares if I had the extra cash!

  • Report this Comment On October 31, 2013, at 12:36 PM, LindonTomson wrote:

    Fundamental Strength And Algorithm Endorse Alcatel-Lucent, article with this heading published on Seeking Alpha by I KNOW FIRST.

    ALU price at this time July 22, was$2.12 its stands now on $3.78

  • Report this Comment On October 31, 2013, at 12:37 PM, LindonTomson wrote:

    Fundamental Strength And Algorithm Endorse Alcatel-Lucent, article with this heading published on Seeking Alpha by

    - I KNOW FIRSTsystem.

    ALU price at this time July 22, was $2.12 it stands now on $3.78

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2707264, ~/Articles/ArticleHandler.aspx, 8/31/2016 2:18:26 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 5 hours ago Sponsored by:
DOW 18,454.30 -48.69 -0.26%
S&P 500 2,176.12 -4.26 -0.20%
NASD 5,222.99 -9.34 -0.18%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/31/1969 7:00 PM
ALU.DL $0.00 Down +0.00 +0.00%
Alcatel-Lucent CAPS Rating: ****