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Article: Lucent Technologies Reports Results for Second Quarter of Fiscal 2005; - Records net income of $282 million, or 6 cents per diluted share, for the quarter.
- Article from:
- PR Newswire
- Article date:
- April 19, 2005
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MURRAY HILL, N.J., April 19 /PRNewswire-FirstCall/ -- Lucent Technologies today reported results for the second quarter of fiscal 2005, which ended March 31, 2005, in accordance with U.S. Generally Accepted Accounting Principles (GAAP). For the quarter, Lucent reported net income of $282 million or 6 cents per diluted share. These results compare with net income of $174 million, or 4 cents per diluted share, in the first quarter of fiscal 2005 and net income of $68 million, or 2 cents per diluted share, in the year- ago quarter.
The company recorded revenues of $2.34 billion in the quarter, flat sequentially and an increase of 6 percent from the year-ago ...