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Lucent Reports Second Quarter Revenue Up 17 Percent

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MURRAY HILL, N.J., April 24 -- Lucent Technologies reported net income of $754 million, or 23 cents per share, for its second fiscal quarter ended March 31, 2000. These results show a 41-percent increase over the $535 million, or 17 cents per share, recorded last year. Revenues rose 17 percent to $10.256 billion from $8.783 billion in the same quarter of the prior year. Lucent is regaining its momentum this quarter with strong growth in wireless, Internet infrastructure -- including optical and data networking systems and optical fiber -- professional services and...Read full article

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    Published: April 2000
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