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Though Alcatel-Lucent (ALU -14.9%) is maintaining its 2012 guidance, the size of its Q1 top-line...

Though Alcatel-Lucent (ALU -14.9%) is maintaining its 2012 guidance, the size of its Q1 top-line miss will lead to fresh liquidity fears. Without the proceeds from the Genesys sale, Alcatel's net cash position would have fallen by €304M. The IP division (carrier switches/routers) saw a 23.5% Y/Y sales increase, but all other divisions saw declines, as the company continues bleeding share. Wireless -29.5%, Optics -25.2%, Wireline -8.7%, Enterprise -8.7%, software/services -0.6%. (PR)
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Comments (1)
  • DougRk
    , contributor
    Comments (1622) | Send Message
     
    Some ugly numbers for ALU. They need something to stave off possible bk.

     

    I'm looking at their paper. Anyone else considering? http://bit.ly/LsiswJ
    20 May 2012, 10:46 PM Reply Like
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