Alcatel-Lucent posts net loss of €336 million in Q2

PARIS – Impacted by merger costs and writedowns, Telecommunications equipment provider Alcatel-Lucent reported a net loss of €336 million for the second quarter of 2007, compared to a profit of €302 million for the same period last year.

For the second quarter of 2007, Paris-based Alcatel-Lucent announced revenues of €4.33 billion, up 0.5 percent year-over year at constant Euro/USD exchange rate, or a 4-percent decrease at current rate.

Commenting on the quarterly sales, Alcatel-Lucent's CEO Patricia Russo declared: "This quarter, our revenues sequentially grew by a solid 13 percent at a constant Euro/USD exchange rate, with the strongest performance in the wireline and services businesses. From a regional perspective, we saw strong growth in Asia Pacific."