Alcatel-Lucent Q2 Loss Narrows - Quick Facts

(RTTNews) - Alcatel-Lucent (ALU) reported a second-quarter net loss (Group share) to equity owners of the parent of 54 million euros compared to a loss of 298 million euros, a year ago. Loss per share was 0.02 euros compared to a loss of 0.11 euros. The company said, in addition to stronger operating profitability, the improvement mainly reflects lower financial expenses and restructuring costs. Adjusted operating income totaled 175 million euros, compared to 136 million euros, a year ago.

Revenues increased to 3.45 billion euros from 3.28 billion euros, prior year. Group revenues, excluding Managed Services and at constant perimeter, increased 6% year-on-year. At constant exchange rates, Group revenues, excluding Managed Services and at constant perimeter, were down 8%.

The company said its results for second quarter 2015 once again demonstrated good resilience in an overall soft spending environment notably in North America, with continued solid progress in margins and free cash flow.