Alcatel-Lucent | May 6, 2011 | Press Release (Highlights)
Alcatel-Lucent released it’s first quarter 2011 earnings.
Key Highlights:
Alcatel-Lucent continues its momentum into 2011 with a strong start to the year: 15% top line year-over-year growth in Q1’11 & positive adjusted operating profit
KEY NUMBERSÂ FOR THE FIRST QUARTERÂ 2011
•      Revenues of Euro 3.740 billion, up 15.2% year-over-year
•      Adjusted2 gross profit of Euro 1.354 billion or 36.2% of revenues
•      Adjusted2 operating income1 of Euro 13 million or 0.3% of revenues
•      Operating cash flow3 of Euro 169 million
•      Net (debt)/cash of Euro 106 million as of March 31, 2011
Key Highlights in regards to Americas Region
- Strong revenue growth continued in the IP division in the first quarter with an increase of 28.3% from the year-ago quarter to Euro 349 million. Within the division growth was, once again, driven by the IP/MPLS service router business, where revenues increased 40% from the year-ago quarter and nearly doubled their year-ago level in the Americas region.
- Growth in the Wireless division remained very strong as revenues increased 36.5% from the year-ago quarter to Euro 1.118 billion. Growth was concentrated in the Americas and was driven largely by our CDMA EV-DO business, which more than doubled its year-ago level, and by our 4G LTE business. During the quarter weunveiled lightRadioTM, our new architecture for mobile and broadband networks. Telefonica has joined in thelightRadio co-creation program, a program that Alcatel-Lucent has established with key telecom industry playersto foster the realization of the vision on the next generation mobile access network based on lightRadio.
- Revenues in our Enterprise applications business increased 5.2% over the year-ago quarter, reaching Euro 285 million in the first quarter. Genesys, our contact center solutions business, enjoyed a double-digit growth, led by new customer wins in APAC and in the Americas and the strong growth of its offerings in adjacent markets suchas Intelligent Workload Distribution (iWD), Work Force Optimization (WFO) and Analytics.
- In the Network and Systems Integration (NSI) business, revenues increased at a near 30% rate for the second consecutive quarter with continued strong growth in orders. Revenue growth was particularly strong in the Americas driven by network transformation projects, and in the Asia-Pacific region driven by strategic industries.
