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.