Nortel announced earnings today and to get more detail on the news I had a chance to speak with Joel Hackney, President of the Enterprise Solutions Group at Nortel.Some details worth sharing... The company's net loss widened but revenue was up 11% and gross margins have been increasing for six quarters. Operating margin was just under 5% which is up from the prior year.
Overall, this interview shows that many communications companies continue to do well in a slower economy.
For more details, check out this podcast interview.
You can find more Joel Hackney interviews here.
Technorati
Del.icio.us
Slashdot
Digg
twitter
![wes-durow[1].jpg](http://blog.tmcnet.com/blog/rich-tehrani/assets_c/2009/09/wes-durow[1]-thumb-150xauto-6736.jpg)
![PICTURE_Bruce_Gustafson[1].jpg](http://blog.tmcnet.com/blog/rich-tehrani/assets_c/2008/12/PICTURE_Bruce_Gustafson[1]-thumb-150xauto-4325.jpg)
![wes-durow[1].jpg](http://blog.tmcnet.com/blog/rich-tehrani/assets_c/2009/09/wes-durow[1]-thumb-autox70-6736.jpg)
Leave a comment