Lucent begins fiscal 1999 with a solid quarter, with record earnings and margins, ... As our customers continue to evolve and transform their networks for next-generation broadband communications and we add new customers around the world, Lucent's momentum has never been stronger.
Quotes about lucents (12 Quotes)
The growth in Lucent's optical systems revenue has been the biggest disappointment.
Oddly, it was sparked when Lucent's chairman said they were going to be profitable, believe it or not. And then what happened it seemed that the basic industry stocks started to do somewhat better.
By spinning off (those) businesses, we are sharpening Lucent's focus and creating another leading company to serve business customers. The newly created enterprise company will rank No. 1 or 2 in nearly every market in which it competes.
It's a terrific deal. It adds legs to Lucent's top line growth.
We see China as an important growth area for Lucent's global businesses and an important resource center,
As we previously stated, we now expect Lucent's annual revenues for fiscal 2006 to be essentially flat or increase on a percentage basis in the low-single digits for the year. As always, we will continue to look for ways to profitably grow the business and expand our customer base, while improving our productivity.
Lucent's accounting practices will now be more in line with those of most major U.S. corporations. Lucent's method of valuing pension and benefit assets had been among the most conservative of the more than 150 large U.S. corporations surveyed by our auditors PricewaterhouseCoopers.
Lucent's goal is to build on the success of the past and deepen the trust and confidence we enjoy with our customers and suppliers in China,
Ericsson was the first to make a major announcement a few years back, ... More recently, we saw Nortel, and that was followed by Lucent's announcement a few weeks ago, which will probably ultimately end up at about 10 billion being outsourced there. And now we have Motorola making a major announcement for outsourcing.
We believe that most of the issues impacting Lucent's September quarter results are company specific. Even increasing bad debt reserves because of emerging service provider credit concerns reflects Lucent's aggressive policy towards providing vendor financing.
No way should Lucent's numbers be viewed as a sign that the business is turning around. They're coming off a horrible base.