Alcatel-Lucent has reported revenues of €3.81bn for the second quarter of 2010, a decrease of 2.4% compared to €3.91bn for the same period last year. Revenues were down 17.4% sequentially.

The company posted a gross profit of €1.38bn, an increase of 6.5% to €1.29bn for the second quarter of 2010. Operating loss was €45m, compared to operating loss of €130m for the same period a year ago.

For the quarter ended June 30, 2010, the company reported a net loss of €184m, compared to a net income of €14m for the same period last year.

Geographically, North American revenues were €1.49bn for the first quarter of 2010, an increase of 23.9% compared to €1.20bn for the same period last year. European revenues decreased by 8.4% to €1.18bn from €1.29bn. Asia pacific revenues decreased 25.6% to €641m from €861m for the same period last year.

Revenue from networks segment decreased by 3.4% to €2.30bn, applications segment revenue increased by 5.8% to €489m, while services segment revenue increased marginally to €883m, compared to the same period last year.

Ben Verwaayen, CEO of Alcatel-Lucent, said: "Revenues for the quarter reflect the on-going and expected overall improvement in market conditions and the good traction of our product portfolio. This is notably highlighted by the good performance in IP and wireless and, from a geographic standpoint, by strong growth in North America.

"The quarter also saw strategic and major wins with our selection by the NBN Company as a supplier for the Australian nationwide superfast broadband network rollout and by the ACE consortium to deploy a submarine optical link between Europe and Africa. And I am proud to announce that Alcatel-Lucent has been selected by AT&T as one of its Domain Suppliers for IP/MPLS/EPC equipment."

For 2010, the company expects nominal growth between 0% and 5% for the telecommunications equipment and related services market and aims to reach an adjusted operating margin in the low to mid single-digit of 1-5%.