Feeds

Alcatel-Lucent merger results disappoint

Flat revenues

Internet Security Threat Report 2014

Alcatel-Lucent said today it expects revenues for the fourth quarter of 2006, ended 31 December, to be about €3.87bn - essentially flat on last year.

The firm blamed spending shifts in north America, expecially in the last quarter, for the shortfall.

The company expects to make revenue of €12.3bn for the full year and reported operating income of €0.71bn.

On an adjusted pro-forma basis it expects fourth quarter revenue of €4.42bn, compared with €5.25bn in 2005. Operating profit for the quarter will be zero rather than €570m in the same period of 2005.

Restructuring costs, mainly related to laying people off and "product rationalisation", were €800m. Alcatel shares fell heavily on the news.

Alcatel and Lucent merged in April 2006 after a $13.6bn share swap.

It will provide audited results on 9 February. ®

Internet Security Threat Report 2014

More from The Register

next story
Docker's app containers are coming to Windows Server, says Microsoft
MS chases app deployment speeds already enjoyed by Linux devs
IBM storage revenues sink: 'We are disappointed,' says CEO
Time to put the storage biz up for sale?
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
SDI wars: WTF is software defined infrastructure?
This time we play for ALL the marbles
Windows 10: Forget Cloudobile, put Security and Privacy First
But - dammit - It would be insane to say 'don't collect, because NSA'
Symantec backs out of Backup Exec: Plans to can appliance in Jan
Will still provide support to existing customers
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.