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Thursday April 28, 06:31
Alcatel SA reported today that its quarterly profit fell 55%
(by Peter Van Bruggen)

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Alcatel SA reported today that its quarterly profit fell 55%.

Profit tumbled to 124 million euros ($160.4 million) from 278 million euros in the previous year. Operating profit rose 27% to 107 million euros from 84 million euros.

Sales rose 3.7% to 2.61 billion euros.

Analysts were expecting profit of 60 million euros, operating profit of 150 million euros and sales of 2.63 billion euros.

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Read the related news and articles:
29 Apr 2005 05:36 AM DEUTSCHE BANK RAISED ALCATEL TO "BUY" FROM "HOLD"
07 Mar 2005 05:07 AM J.P. MORGAN RAISED ALCATEL TO "OVERWEIGHT" FROM "NEUTRAL"
23 Feb 2005 10:28 AM Alcatel, Microsoft pair to develop digital TV platform
03 Feb 2005 05:45 AM Alcatel 4Q earnings rose to 139 million euros
 


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