Alcatel-Lucent (ALU) Reports Q1 EPS of EUR0.01

Alcatel-Lucent (NYSE: ALU) reported Q1 EPS of €0.01, versus €0.00 reported last year. Revenue for the quarter came in at €2.96 billion, versus €3.06 billion reported last year.

Commenting on the first quarter results, Michel Combes, CEO of Alcatel-Lucent, said: “We began 2014 as we ended 2013 — totally focused on driving implementation of The Shift Plan. Having put the Group in the right financial direction last year we are encouraged by the continued progress shown in the first quarter of 2014. This confirms the industrial logic of the strategic choices we have made and provides a good start on which to build during the rest of 2014 as we work towards our objective of bringing the Group as a whole back to positive free cash flow by 2015.”

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For earnings history and earnings-related data on Alcatel-Lucent (ALU) click here.

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