Alcatel-Lucent Second-Quarter Net Loss Wider Than Forecast

Alcatel-Lucent produced a steeper-than-forecast net loss in the second quarter on the back of lower sales and merger-related disruptions and costs.

The Franco-American telecoms equipment provider reported a net loss of 336 million euros ($459.3 million) for the three months to June 30 on Tuesday, against a profit of 302 million euros the previous year and compared with expectations of a 147.1 million loss, based on a Reuters poll of 10 analysts.

The company, which also confirmed its full-year sales growth expectations, added the outcome included a negative impact of 176 million euros from several "significant items".

Contact U.S. News


    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More

Don't Miss

U.S. Video