Alcatel-Lucent posts first-quarter profit of 398 million euros on back of Genesys sale


AP

PARIS — Alcatel-Lucent says the sale of its Genesys conference calling business helped it turn a profit in the first quarter, but warned that its profitability was disappointing and market uncertainties are high. The Franco-American telecommunications equipment maker posted net profit of 398 million euros (US$526 million) in the January to March quarter.