Lucent/Altera report record results

Lucent/Altera report record results
Richard Ball Lucent Technologies and Altera have both reported record results for the last quarter of 1998. Lucent announced revenue of $9.2bn and net income of $1.4bn for the last quarter of 1998. Income rose 26 per cent over the same period in 1997. Altera’s revenue hit $172m in the final quarter of 1998, giving a yearly total of $654m. Revenue increased four per cent over 1997. Net income for the year stands at $154m.


Leave a Reply

Your email address will not be published. Required fields are marked *

*