Alcatel-Lucent Common Stock (ALU) -NYSE 2.30 0.11(5.02%) 4:00PM EST Volume 27 mio Seeking Alpha: (4) Alcatel-Lucent - Buy Alcatel-Lucent surprised investors when the company reported stronger-than-expected earnings. During its conference call, the company said that it would find ways to monetize its portfolio of 29,000 patents, benefit from the industry's move towards LTE, and to keep trimming its costs. In the last three years, the company cut fixed-costs by EUR 1 billion. With continued focus on mobility and the cloud, Alcatel-Lucent said that it was confident for 2012. The company said that it would be able to achieve higher margins and have a higher cash balance at the end of this year. For the quarter, the company reported an improving cash flow of EUR 541 million, 40% higher than the EUR 360 million from the previous period. |