Nortel’s Joel Hackney Discusses Earnings

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.

    Leave Your Comment


     

    Loading
    Share via
    Copy link
    Powered by Social Snap