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Lucent Trims Quarterly Loss Lucent Technologies Inc. yesterday reported a fiscal first-quarter loss of $264 million (11 cents per share), compared with a loss of $423 million (14 cents) for the same period last year.
Lucent Ends Dismal Year Lucent Technologies Inc. lost $2.81 billion in its fourth quarter, ending a fiscal year in which the nation's largest maker of telecommunications equipment lost almost $12 billion as its biggest customers continued to hold back spending.
In the News
Preparing for the Worst (Washington Techway, Oct. 9, 2002; 7:41 AM)
Corvis Hones in on Federal Business (Washington Techway, Oct. 3, 2002; 9:12 AM)
Fiber To Dye For (Washington Techway, Aug. 12, 2002)
Qwest Names CEO to Lead Shift Back to Local Service (Post, June 18, 2002)
Ebbers to Get $1.5 Million A Year for Life (Post, May 17, 2002)
WorldCom Debt Rated Junk by 2 Firms: Phone Company Plans More Cuts, Asset Sales (Post, May 10, 2002)
Sidgmore's Local Connections Extensive (Washtech.com, April 30, 2002; 11:11 AM)
Ebbers Resigns as WorldCom Chief (Post, April 30, 2002; 1:27 PM)
Testing the Telecom Giants' Economic Resilience (Post, April 27, 2002)
GSA Lets Verizon Offer Services in Baltimore (Government Computer News, April 25, 2002; 2:07 PM)
The Honeymoon Ends: Digex and WorldCom struggle to make their relationship work in a brutal downturn (Washington Techway, April 23, 2002; 7:32 AM)
WorldCom Warns Of Lower-Than-Expected Revenue (Newsbytes, April 22, 2002; 5:19 AM)
Qwest Dumps 2,000 Additional Workers (Newsbytes, April 19, 2002; 11:40 AM)
Long-Distance Carriers To Recoup Cost Of Internet Relay (Newsbytes, April 18, 2002; 4:05 PM)
Bell South Q1 Profits Up, Revenue Down (Newsbytes, April 19, 2002; 8:13 AM)
MCI Intros Flat-Rate Local-Long Distance Pkg. (Newsbytes, April 15, 2002; 2:15 PM)
Sprint Protests $450 Million DREN Networking Contract (Washington Technology, April 12, 2002; 5:30 PM)
SEC Steps Up Probe Of Qwest Finances: Phone Firm's Accounting Is Suspect (Post, April 5, 2002)
© 2002-2005 The Washington Post Company
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