Alcatel-Lucent (ALU) Issues Q2 Warning; Won't Achieve Adj.-Operating Margin Goal for FY12
Tweet Send to a Friend
Get Alerts ALU Hot Sheet
Trade ALU Now!
Based on analysis of second quarter preliminary financial results, Alcatel-Lucent (NYSE: ALU) expects Q2 2012 adjusted operating income to be a loss of around €40 million with revenues above €3.5 billion.
These figures reflect a good sequential growth in sales with all geographies and divisions growing but a slower than expected business mix improvement. Actions on fixed costs however remained strong with a decrease of more than €100 million compared to Q2 2011.
Looking ahead, based on the current order book, Alcatel-Lucent expects the second half of 2012 to be better than the first half, but in light of year-to-date performance and the difficult macro-economic environment, Alcatel-Lucent will not be able to achieve its previously announced adjusted operating margin guidance for the full-year 2012.
Alcatel-Lucent will provide further details on its business performance and full-year guidance during its second quarter earnings presentation on July 26, 2012.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
These figures reflect a good sequential growth in sales with all geographies and divisions growing but a slower than expected business mix improvement. Actions on fixed costs however remained strong with a decrease of more than €100 million compared to Q2 2011.
Looking ahead, based on the current order book, Alcatel-Lucent expects the second half of 2012 to be better than the first half, but in light of year-to-date performance and the difficult macro-economic environment, Alcatel-Lucent will not be able to achieve its previously announced adjusted operating margin guidance for the full-year 2012.
Alcatel-Lucent will provide further details on its business performance and full-year guidance during its second quarter earnings presentation on July 26, 2012.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Abercrombie & Fitch Co. (ANF) Misses Q1 EPS by 4c; Guides FY Below Views
- Hibbett Sports, Inc. (HIBB) Misses Q1 EPS by 7c; Maintains FY Outlook
- Hewlett-Packard Company (HPQ) Tops Q2 EPS by 6c as Sales Slide 10%
Create E-mail Alert Related Categories
Guidance, Hot GuidanceRelated Entities
Earnings
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
